Regal is hoping to force them into a capital raise You do not know this as a fact…..their reasoning I think revolves around the cost of getting Revascor to market and running confirmatory trials Unless it is partnered, by someone who picks up the tab also they are running CLBP trial at the moment Which is funded and accelerating. These trials cost a packet….so the shorts are piling in to make MSB raise capital at a price higher than what it would be if Regal keeps on pushing it down It is a risky play as an announcement about a successful FDA application before raising capital will cause a short squeeze Would Regal be engaging in Risky plays just after having their a#&es handed to them? Long Mesoblast with a short for any downside?? Personally I understand their play I don't but Regal after the OPT debacle obviously is putting it all on black How much of the 6% is Regal? All ? ? Could end up saving them or putting Regal into a death spiral They are a tad larger than you think I prefer the death spiral for Regal as the wooden stake through the heart has not worked with these buggers Will you ever post something positive?
Christmas is coming, why haven't I been updated!!
Reg
MSB Price at posting:
$1.67 Sentiment: Buy Disclosure: Held
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