invitation to madamanswer to comment, page-7

"....just wanted the madam to communicate on a different level and recognise maybe for the first time that we are fundamentally different from ANZ and WOW where (up til now) her expertise has been. She needs to observe companies such as Mesoblast through a very different prism. Just attempting to encourage an overdue cognitive change. The old metrics don't apply here."

In a world where everyone has his or her own unique investment approach - I am a bit bemused why you insist that I adopt yours.

I never say to people that they should not invest in MSB because it is a dud or because its directors are frauds or that its science is Disallowed.

Quite the opposite, in fact. What I say, is that MSB could become a financial juggernaut one day.

But my personal investment discipline looks for certain critical milestones to be reached before I will be in a position to become a shareholder in the company.

I'm not sure what it is about the particular "prism" through which I observe MSB (not just MSB, but all listed securities) that causes you such discomfort, invoking a public exhortation from you to me to do things your way.


"The old metrics don't apply here."

I have heard that sort "this time it's different" catch cry in investment markets more times than I care to remember.

And sometimes, it is indeed different [*]. But 90% of the time it isn't.

And, because I respect the value of my capital - which I have worked very hard to preserve and grow over time - those are odds I am not willing to accept.

So it simply astonishes me that that is what you are effectively insisting I do.


[*] Quite possibly, you may be right and MSB might be one of those minority success cases.
But if it is, that doesn't preclude me from participating in the upside at an appropriate stage.
And, of course, if it isn't, then my capital is preserved.
For the life of me, I can't understand why you find this approach so objectionable that you say I need to undergo an "overdue cognitive change".