Share
129 Posts.
lightbulb Created with Sketch. 69
clock Created with Sketch. 01/10/20
22:38
Share
Originally posted by mja:
↑
Analysing the situation, the first trading halt overnight in the US 6 minutes into trading was likely precipitated by a statement/ query from the FDA. The fact MSB did not go into trading halt until 10 min before ASX open. Points to the fact Mesoblast management were waiting on information/ reply from the FDA and thought it could come at anytime, and they would then be able to make a release to the market and go into normal trading. However, a reply was nor forth coming from the FDA or the FDA needed further information.
Expand
You may well be correct...
(20min delay)