banter and General Discussion, page-8899

"Mesoblast have $113 million in the kitty."

I see someone has been drinking from the "pro forma cash" Kool-Aid barrel.

Now also do the $167m [*] of borrowings.

Following the unsuccessful capital raising in December, in which the quantum of capital raised fell well short of the total amount that was sought to raise, the company will need a further additional injection of capital (of whatever sort) by around the middle of this year.

And I hope for the sake of long-suffering MSB shareholders that the capital comes from somewhere other than the equity market because - judging from developments over the past two months - it looks like the equity market door is rapidly closing on the company.


[*] @30 June 2023. We haven't seen the 31 Dec 2023 balance sheet, but that borrowings figure will now be higher.

.