MSB 10.4% $1.49 mesoblast limited

AFR reports that the co to be sued for its promotional announcements., page-330

  1. 12,359 Posts.
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    Hi Dandub,
    Your boss is spuiker .
    Gave ridiculous sales forecast that ended up being half.

    Put out two monthly sales reports when sales were up then neglected to report falling sales whilst Directors sold at the top of the market knowing full well sales had fallen.
    Then tried to report quarterly sales in percentages.
    Asx said are you serious , do it in Dollars.
    Truth came out share price fell from $4.20 to $2.40.
    Although the stock had already sold off . Leak.

    Then a few weeks ago Director A buys on market at $2.40. 2 weeks later price sensitive
    announcement ( guess he did not know hey.) Price goes up .Then to top it off Director B gets special board permission to unload 400,000 shares at $3.10.

    Lucky for him he did not ask for permission 2 weeks earlier. Just Laughable.

    And Muffin Top is on here posting SI needs to be sued for giving false misleading
    projections.

    Now thats Laughable.

    Aloha.


 
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