Patience is in short supply right now, I guess, and the average Aussie share buyer is pretty conservative.
I cannot believe, if you bought anywhere south of 3.00 and read even a little bit of the science on MSCs and their anti-inflammatory capabilities, along with the topline (and admittedly anecdotal) results from the initial ARDS trials and treatments of the last few months, that you would sell to get meagre profits--at least before you saw the upcoming trial results.
It will only be a few weeks at most before we know if the numbers in the announcement hold up amongst the 300 trial participants, and whether Remestemcel is likely to get approved for COVID-related ARDS. If approved, the US figures alone on the then-designated STANDARD OF CARE for severe ARDS sufferers would be mind-blowing. And that doesn't even account for all of the other good news coming down the pipeline.
Again, why play for pennies where there are $$$ at stake? Crazy, but I am a long-term holder, and cannot see myself selling any MSB until at least they have an approval for chronic back pain and/or chronic heart failure in a few years' time. So what do I know?
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- Bell Potter Daily Pack 16 April 2020
Bell Potter Daily Pack 16 April 2020, page-49
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$1.46 |
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Mkt cap ! $1.684B |
Open | High | Low | Value | Volume |
$1.41 | $1.50 | $1.40 | $5.526M | 3.824M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 473 | $1.61 |
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Price($) | Vol. | No. |
---|---|---|
$1.39 | 18161 | 6 |
View Market Depth
No. | Vol. | Price($) |
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9 | 22996 | 1.460 |
13 | 123628 | 1.455 |
16 | 160658 | 1.450 |
8 | 88357 | 1.445 |
7 | 118885 | 1.440 |
Price($) | Vol. | No. |
---|---|---|
1.465 | 8114 | 7 |
1.470 | 34873 | 7 |
1.475 | 98183 | 9 |
1.480 | 148806 | 7 |
1.485 | 44920 | 3 |
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