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98.0¢ mesoblast limited

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DocMcstuffins

7,771 Posts.

1337

11/05/24

12:05

Post #: 73776333
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Originally posted by reginaldp: ↑

Have a good belly laugh at the Doc's post - when he holds a stock the Directors on market purchases are golden.
His caveat in particular holds true to this day.

Let me translate this to Mesoblast There is no way the directors aren't privy to the outcome of the FDA's advice on the potency assay and BLA resubmission , so the fact they have confidence enough to buy shares at market value sounds like good news to me.

Or if Doc translated to Mesoblast
Even though the directors met with the FDA I don't think anything changes, I'm happy to be wrong but I haven't been wrong in 5 years, if ever. The fact that directors are buying still does not give me confidence, as even if approved it won't sell. I do hope it gets approved though.

What's up @DocMcstuffins are directors buying a signal of confidence or bad news?

Reindeer Reg

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Well, turns out I was right about PNV (and was right about MSB around the same time).

Just check out their revenue, their posted profit, and the current growth. Of either company really.

I'm no expert, but I know a good product in my industry when I see it. And I've got the ability to chat directly with the people that use it.

DYOR.

Last edited by DocMcstuffins: 11/05/24

MSB Price at posting: $1.07 Sentiment: Sell Disclosure: Not Held
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0 Great analysis

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(20min delay)
Last 98.0¢		Change 0.010(1.03%)		Mkt cap ! $1.118B

Open	High	Low	Value	Volume
96.0¢	99.0¢	95.5¢	$5.286M	5.409M

Buyers (Bids)

No.	Vol.	Price($)
3	91218	98.0¢

Sellers (Offers)

Price($)	Vol.	No.
99.0¢	63577	4

View Market Depth

No.	Vol.	Price($)
3	91218	0.980
43	312626	0.975
14	519246	0.970
6	149303	0.965
8	166210	0.960

Price($)	Vol.	No.
0.990	63577	4
0.995	68052	2
1.000	124810	12
1.005	55374	2
1.010	10000	1

Last trade - 16.10pm 27/06/2024 (20 minute delay)

MSB (ASX) Chart