MSB 4.39% $1.09 mesoblast limited

Ann: Trading Halt, page-810

  1. 16,495 Posts.
    lightbulb Created with Sketch. 8028
    "Or do you just enjoy trying to find a point such as not using the cash on hand for inventory ( which at any time the majority of that cash could be used to build inventory) "

    Well, I guess we have somewhat differing expectations from the custodians of our capital.

    Put it this way, assume the case of:

    Your family owns a factory that produces widgets.
    You don't work in the factory; you prefer to do other things with your time.
    One day the factory manager (whom you appointed) calls you up and says, "Hey Mr @Jakeo17, good news! Our sales guys are saying we can expect to receive a large order, so we need some capital to build stock to supply that order."
    You duly make the capital available.

    Then, 7 months later, on a visit to your factory, you see no sign of any widgets.

    Is your reaction to:

    A. Do nothing, because you didn't even notice that there is no stock?

    B. Say to your family members, "Oh, well, I'm sure they did something with the money I gave them"?

    C. Ask the manager, "Excuse me, Jim, you know that money we gave you to make product, can you tell me where the product is being stored?"

    .
 
watchlist Created with Sketch. Add MSB (ASX) to my watchlist
(20min delay)
Last
$1.09
Change
-0.050(4.39%)
Mkt cap ! $1.244B
Open High Low Value Volume
$1.14 $1.17 $1.07 $8.385M 7.489M

Buyers (Bids)

No. Vol. Price($)
1 8500 $1.08
 

Sellers (Offers)

Price($) Vol. No.
$1.09 26954 3
View Market Depth
Last trade - 16.10pm 19/06/2024 (20 minute delay) ?
MSB (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.