A lot of conjecture floating around which is understandable given the circumstances, now "Sir Tippy " @Tippy21 enters the fray with baiting Posts.
Look at the facts.
The FDA has never not approved a positive ODAC vote and with a resounding 9-1 victory the decision was unanimous, Furthermore do you really think Mesoblast would be awarded the Fierce BioTech Innovation Award if their product was not going to be approved?
I believe there has been a delay in the FDA decision who MUST be inundated and require some more time to relay their decision to Mesoblast.
The trading halt makes sense to protect the integrity of their share price, people were expecting a decision by today and without that information the shorters and weak handed retail investors would have seen the price plummet.
Another option is that there has been approval with some conditions but I do not believe a CRL has been issued as these are normally received by the prospective companies prior to their due date of approval, there are other theories around including a non approval however there would be no logical reason to delay such a decision to the market.
"No point stressing too much the decision is out of our control, remember why we invested in MSB in the first place"
Silviu's medical technology is revolutionary and the impact globally will be phenomenal.
Chill out and look forward to Monday - Will finish off another bottle of MESO over the weekend !!!
ST
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3 | 8203 | 1.220 |
1 | 10643 | 1.215 |
1 | 184 | 1.205 |
3 | 101916 | 1.195 |
Price($) | Vol. | No. |
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1.060 | 18000 | 1 |
1.100 | 612 | 1 |
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