Madam “MSB had almost $300m in the bank at the time”.
At what date was Madam? As per my post # 28618599 (8/11/17), the change in Strategy and split of applications occurred in August 2015 . This is what I said
“ It was around August 2015 when Meso 1st tabled the Tier 1 & Tier 2 applications. Tier 2s include Crohns ; Heart attack , spinal fusion and BMT. Since then ..at every presentation ( at least 10), it has been made very clear that the Company is concentrating on the following Tier 1’s “
As per the June 2015 Annual Report - the cash at FY15 was $144m (not $300m as you guessed).
https://www.google.com.au/search?source=hp&ei=sQIEWozuKoW20AT2-LXABg&q=mesoblast+annual+report+2015&oq=Mesoblast+annual
I hope it now makes sense to you why MSB pursued aGVHD as a TIER 1 and not BMT.
J
Regarding AA , I never said he is a shorter (unlike highly likely yourself and Travel).
I find his posts genuine and a reality check (gets me thinking about being intellectually honest with myself and in contrast to my version and perception ‘of living the dream’ - thank you AA ). Madam – I sincerely take no notice of anything you have to say. Surely you wouldn’t expect anything different from me.
Still – I appREciate your spirit and GAme pLan to achieving an end goal.
All the best to you Madam.
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