In regards to shorts and the relationship GG may have with them. I am with Pledge, like a lot of us he is more than likely to be in it to make a lot of money. Perhaps he sees a way to make that money far faster than just letting MSB progress and the market valuing accordingly..
We know GG has been building a nice position. Could he also be lending stock out ? Yes. This would help keep the SP down and give him a supply to buy. Perhaps this is why we have seen huge volumes in the ARDs market. Buy- lend, buy- lend , how many times could he do this ?
He controls a lot of shares, my guess he controls a lot of shorts too. Positive announcement from MSB and a call by GG to his broker, "I want those shares back "
He could make far more and do it way faster than just letting Mesoblast grow.
Cell Therapy News/Articles, page-17620
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Last
98.5¢ |
Change
-0.020(1.99%) |
Mkt cap ! $1.096B | |||
| Open | High | Low | Value | Volume |
| $1.00 | $1.01 | 94.0¢ | $7.343M | 7.560M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 12 | 93120 | 98.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 99.0¢ | 36879 | 14 |
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| Last trade - 13.03pm 31/07/2024 (20 minute delay) ? |
| MSB (ASX) Chart |