MSB 4.52% 95.0¢ mesoblast limited

Great Company, Great Future!, page-51

  1. 1,374 Posts.
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    It's a totally different company and situation than GXY. Galaxy Resources, before it was taken over by Orocobre, had a very healthy financial position, over 200 million dollars in CASH ! When I bought them at around 70c, they had no debt but 100 million $ in cash, in a booming industry, the EVs. Can't say the same about MSB and the stakes are higher, you need to go through many more hurdles. But, if it works out, the rewards will be much higher (already high in GXY).
 
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