Anyone that thinks the revenue will “start” on 3 August must ignore the long history of delays to msb timeframes which haven’t only been common, but 100% consistent.
Poor old wot is a serial cultist who will say absolutely anything without regard for common sense. I mean, who seriously believes the cult hype of an approval by August? Not the market, that’s fir sure.
Assuming a miracle happened and an approval was obtained, who seriously thinks revenue will start sufficient to cover costs on 3 August. I mean, there’s so much infrastructure to pay for in terms of manufacturing plant and let’s not forget all the clinics to harvest the stems from peoples’ bones which need to be opened.
This is one complex product which is devilishly difficult to manufacture at scale and eye watering expensive as well.
Personally, I think the market cap well over $600 million is pretty expensive when you look at the risks.
MSB Price at posting:
89.5¢ Sentiment: None Disclosure: Not Held
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