Just a reflection on the week
Wow - what a week hey!
My sentiments has not changed from this post yesterday https://hotcopper.com.au/posts/46534550/single
SP wise, we went from $4.40 to $4.70 - bid deal right?
It doesn't look like much, but that is not a true reflection of what happened during the week.
We were all anticipating the ODAC meeting and perusing through the briefing notes which came out overnight on Monday in the US. The briefing notes were complicated, but showed that FDA were not too supportive.
This lead to an orchestrated short attack on Tuesday and again on Wednesday.
On Thursday there was a reprieve
On Friday was a response to the 9-1 ODAC approval recommendation.
Note: FDA actually done us a favour and this difficult process will now serve as a MOAT for Mesoblast!
Someone posted a stat that the FDA approved all 30/30 ODAC approval recommendation.
That looks like a pretty good stat to me.
So the big takeaway from Thursday night?
- We are lucky to have a passionate and knowledgeable CEO, and a very strong team behind him
- We as LTSHs were vindicated with our belief in Mesoblast
- The first FDA approved MSC product is coming
Apart from the above, what I really enjoyed was what attracted me to HC in the first place to discuss stock with like-minded investors. Wwhat really strike me was the commitment shown by a lot of true MSB'ers and the examplary manner in which the HC thread was https://hotcopper.com.au/threads/ryoncil-odac-fda-meeting-discussion.5554873/ conducted.
Civil, informative and with a bit of banter - love it. (apart from a few bad eggs)
So what is my main motivation to still be on HC?
To enjoy the ride with my fellow MSB'ers.
I'm not here to convince anyone else to buy or sell - that your choice.
But, if you've done your research then I'm likely to nudge you to HODL
I haven't got much more to add atm.
But, like to thank all the guys contributing to the https://hotcopper.com.au/threads/ryoncil-odac-fda-meeting-discussion.5554873/, you know that I've got plenty of cereal for you guys
Also, stuff the naysayers - I don't have the time or the inclination to read or respond to their posts.
Just put them on ignore - don't let them get to you, it's unnecessary - we've been vindicated with our belief in Mesoblast.
There's so much to look forward to.
Enjoy the ride MSB'ers - have a great weekend. I can't wipe the smile off my face
I'll leave you with this charts - it's so technical, but we can all appreciate it https://hotcopper.com.au/posts/46561128/single
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Last
$1.47 |
Change
0.070(5.02%) |
Mkt cap ! $1.684B |
Open | High | Low | Value | Volume |
$1.41 | $1.50 | $1.40 | $5.395M | 3.735M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
8 | 21671 | $1.46 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.47 | 21139 | 11 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
18 | 30527 | 1.455 |
16 | 142518 | 1.450 |
7 | 74109 | 1.445 |
6 | 104637 | 1.440 |
5 | 12617 | 1.435 |
Price($) | Vol. | No. |
---|---|---|
1.465 | 26355 | 12 |
1.470 | 25923 | 7 |
1.475 | 79738 | 7 |
1.480 | 138558 | 7 |
1.485 | 49151 | 5 |
Last trade - 15.49pm 11/11/2024 (20 minute delay) ? |
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