MSB 0.98% $1.29 mesoblast limited

Royalities @ Milestones, page-21

  1. 88 Posts.
    As Warren Buffett said very often :" When you buy a stock, think of it as partial ownership in the underlying business. Don't think of it as a line on a chart". The following is NOT from Buffett "...especially if what was shown in the daily chart is a reflection of buy and sell in a very low volume/value". Do you think that the daily trading of 1,000,000 shares of Mesoblast (AUD 1.6 Millions) really reflect the true value of the company?. But hey, I agree with you, even with only 20-30 Millions dollars you might be able to bring down the market cap of a company like Mesoblast from over 1.2 Billion dollars only a couple weeks ago to 600 Million dollar at today's price. Even if there is nothing change with the core business of the company. Don't let stock prices fool you. This is a crazy market. We all now know that last month, Shkreli, the infamous CEO of Turing Pharmaceuticals, with only 1 Million Dollar was able to create 4,500 % stock rally in 10 days in KaloBios Pharmaceuticals. And this man turned 1 Million Dollar into 44 Million Dollar in less than two weeks. One more important lesson here : no one is safe from manipulation. Again from Buffett, "Mr. Market - he's kind of a drunken psycho. Some days he get very enthused. Some days he gets very depressed. The market is there to serve you and not to instruct you. It is not telling you whether you are right or wrong.". You rather have Time - and not Mr Market - as your friend.
 
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Last
$1.29
Change
0.013(0.98%)
Mkt cap ! $1.467B
Open High Low Value Volume
$1.29 $1.31 $1.27 $1.348M 1.048M

Buyers (Bids)

No. Vol. Price($)
19 6135 $1.29
 

Sellers (Offers)

Price($) Vol. No.
$1.30 35036 5
View Market Depth
Last trade - 15.25pm 05/11/2024 (20 minute delay) ?
MSB (ASX) Chart
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