MSB 1.49% 99.5¢ mesoblast limited

Ann: Quarterly Activities/Appendix 4C Cash Flow Report, page-40

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    Your statement about curbing expenditure is unfortunately without basis.
    FYI I am listing the the attributable losses for three periods to prove that expenditure has been reduced.The figures are from the Income expenditure statements:

    31/3/21 $76.751M
    31/3/22 $70.751M
    31/3/23 $46.991m

    Over the last 2 years the losses have been reduced by almost $20M, as revenue was reasonably constant, the reduction in losses is attributed to reduction in expenditure. While Finance is not your forte, perhaps you may want to to provide comment in areas you are trained in.


 
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