MSB 8.42% $1.03 mesoblast limited

why mesoblast will drop substantially , page-10

  1. 80 Posts.
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    I'll have to re-read my technical analysis. It looks more look consolidation after a great run. Also reached new 12 month highs so I can't understand the head and shoulders breakdown. Also of note is the Teva/Cephalon deal itself. When a major pharmaceutical company with scientists a lot smarter than us put their hand in their kick to the tune of over $1B thru development to get a small piece of MSBs intellectual property they're not just punting on a penny dreadful. The Chines company Hanlong recently has bought ALL of Sundance recently for a similar figure. This is a tier 1 iron ore producer. So for similar amount a pharmaceutical company that would have done enormous due diligence has bought a much smaller amount in the feeling that the medical advancements proposed will be enormous.
 
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