I am no expert in stem cells, nor am I able to predict what will happen in future medicine.
But, I am almost certain stem cell therapy will be one of the most important medical fields in the near future.
Mesoblast is among the few leading stem companies such as Athersys and Pluristem Therapeutics.
The fact that Mesoblast current pipeline contains almost-commercialization-ready "Acute Graft: (waiting for FDA) and stage 3 "HF" and "Low Back Pain" already validates the fact that its product is not a fantasy and will improve life of many patients.
I bought into MSB, because the value of its products to patients will be life-saving, because its products will be patent-protected and because the management has far more shares in the company than me. The cash runway should be enough for at least until end of FY19, by then we are likely to see the groundwork for commercialization of Acute Graft.
To me, the decision to buy or sell MSB is easy.
Buy: its products will save millions of lifes
Sell: its share price is plunging.
If investors look at value, the potential for MSB products is huge.
If investors look at share price movement, MSB really is one of the worst performance in the past few years.
But, what really counts is in 3-5 years, where MSB will be trading.
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Last
$1.46 |
Change
0.065(4.66%) |
Mkt cap ! $1.667B |
Open | High | Low | Value | Volume |
$1.41 | $1.50 | $1.40 | $5.699M | 3.943M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
5 | 122380 | $1.46 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.46 | 11015 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 119380 | 1.455 |
6 | 70073 | 1.450 |
5 | 55801 | 1.445 |
2 | 15656 | 1.440 |
2 | 37476 | 1.435 |
Price($) | Vol. | No. |
---|---|---|
1.460 | 11015 | 2 |
1.465 | 14833 | 2 |
1.470 | 49768 | 5 |
1.475 | 66248 | 3 |
1.480 | 37374 | 4 |
Last trade - 16.10pm 11/11/2024 (20 minute delay) ? |
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Charles Armstrong, MD & CEO
Charles Armstrong
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