MSB 1.29% $1.18 mesoblast limited

MSB Trading - 2020, page-16956

  1. 335 Posts.
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    This fall is endless isn't it?

    Based on nothing (that the wider market is aware of), this SP is vastly out-falling the wider market which, in broad terms, has not remotely begun to correct or fall again yet.

    I really hope the bleeding is stemmed soon because at the moment it implies either:
    * Insiders have wind of negative news that hasn't been released - not good on multiple fronts
    * That the pricing is based on guesswork and the whims of people profiting from share price manipulation not fundamentals - not great either
    or
    * The run up above $4 was completely unwarranted, and after today's close, calls into question even the pricing of the $3.20 credit raise

    I choose to believe that none of this is true. Perhaps it's more about institutions making a mockery of regulation and fair markets by 'tree shaking' and using bots/algos.... or perhaps the market is simply unable to price a stock with so many imminent announcements that could have major 'red/green' potential.

    Either way, it seems like a crazy casino at the moment, which is unfortunately for an established company in an industry focused on very clear, long term objectives and a detailed approach. It seems nuts to me to have such wild volatility, given that backdrop.

    But hey, we're on the ride now .. might as well enjoy it and see where it takes us.
    Last edited by trader1221: 29/06/20
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$1.18
Change
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Price($) Vol. No.
$1.18 19079 2
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