MSB 7.69% $1.19 mesoblast limited

The All-Important Appendix 3C, page-2

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    15 months? It was only launched in japan at the end of Feb 2016. So technically only 3 full quarters (9months) till dec 2016. Plus they have one month lag in receiving royalties so the expected cash flow statement will actually be showing cash received for sales in the September 2016 quarter. Only the half yearly report sometime I imagine in March will show what royalties were booked (but not received) for the last December 2016 quarter.. So not sure how the upcoming 4C is important from that stand point..
 
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