MSB 2.70% 95.0¢ mesoblast limited

MSB trading, page-2199

  1. 3,925 Posts.
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    I am rather surprised at the general consensus that the results haven't been factored in. I feel that if for some odd reason these results were less than successful but were mealy interesting I would expect a retraction in SP . Failure is of no concern as that would have been reported some time ago . I would expect some momentum if the results were found to be a success although still needing a larger P3 to proceed to the FDA for approval. Then we have the potential that the results are compelling and FDA approval is a formality, hold on rerate in progress . Of course with a little bit of luck and imagination we could see resaults that have a greater impact on the huge CHF market and our P3 trial in which case we will see rockets flying !
    The next few weeks will be lumpy and the apparent lack of confidence and general confusion in the market will add to the sharp price movement , not a great place for very short term traders as the movement is to sharp to be able to take advantage of the 3 -4% movement in the dally SP. Traders will gradually reenter as we get closer to D day and the SP will strengthen.
    Best luck to all
 
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Last
95.0¢
Change
0.025(2.70%)
Mkt cap ! $1.084B
Open High Low Value Volume
94.0¢ 96.8¢ 93.5¢ $4.207M 4.417M

Buyers (Bids)

No. Vol. Price($)
3 42268 94.0¢
 

Sellers (Offers)

Price($) Vol. No.
95.0¢ 48002 3
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Last trade - 16.10pm 09/08/2024 (20 minute delay) ?
MSB (ASX) Chart
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