MSB 2.29% $1.07 mesoblast limited

Growing doubt on COVID-19 Application, page-64

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    Not sure why anyone needs to respond to the devotees’ continuing demands for why they bother to post.

    Just sit back and relax old sport. No need for you to know. Just respond to the arguments, if you think you can.

    In my view, the question which is more relevant is why anyone apart from SI would still be holding in the face of 17 years of underperforming. At some stage the question needs to be asked. Particularly as the same management has been driving for the entire time. Can you imagine another company with that track record accepting that performance?

    But I suppose that’s what you get when you have a glory project. There’s good in having a devoted ownership. But, there’s always the risk they cannot pull the plug when it’s clear there is little hope of getting the product to market.
 
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