Australia's largest stock trading and investment forum Australia's #1 stock forum

MSB

Click for more information

1.03%

96.5¢ mesoblast limited

Ann: Class Action Resolution, page-120

First 120 Last

Share
Profile

Follow
gavint66

4,054 Posts.

298

23/08/24

08:56

Post #: 75336602
Share

Originally posted by DocMcstuffins: ↑

None of us said this would be the end of MSB.

The insurance paid it out the first time, of course it would pay it out the second time? What else would you expect?

But it's just another financial issue to add to the list for MSB - as people have mentioned above, insurance payouts don't come for free. You smash up your car two years in a row, you are a very high risk driver to the insurance company, and that costs money.

When every dollar spent has to be gained back by cap raises, this is important to consider. Especially since even if the fda approves the recent submission (which, as you all know, I wouldn't bet on) the company is still years away from being profitable - there's a lot more dilution to come.

GLTAH. But people cheering like this is a good news announcement is just hilarious. What worse outcome were you expecting? Insurance was obviously going to pay, MSB would obviously want to keep it out of the courts - this was entirely predictable.

Expand

Its not good news because it isnt news at all, that is just your wishful thinking.

MSB Price at posting: 97.5¢ Sentiment: Buy Disclosure: Held
2 Upvote

0 Great analysis

Reply

Top Stories

The Rising Tide: How institutional adoption is shaping the future of crypto

RDN

Raiden gears up for exploration in final quarter of 2024

Dale Gillham's weekly wrap: responding to a weak iron ore price with investing decisions

How flooding did Strategic Energy Resources a favour: Four holes down in 'redesigned' gold & copper campaign

CC9

Chariot locks in high-potential drill target at Black Mountain, one of the USA's largest lithium landholdings

There are more pages in this discussion • 22 more messages in this thread...

First 120 Last

Add MSB (ASX) to my watchlist

(20min delay)
Last 96.5¢		Change -0.010(1.03%)		Mkt cap ! $1.116B

Open	High	Low	Value	Volume
98.5¢	98.5¢	96.0¢	$1.942M	1.993M

Buyers (Bids)

No.	Vol.	Price($)
2	5144	$1.02

Sellers (Offers)

Price($)	Vol.	No.
87.0¢	554	1

View Market Depth

No.	Vol.	Price($)
2	5144	1.015
1	23638	1.010
2	15053	0.995
2	23417	0.990
7	54121	0.960

Price($)	Vol.	No.
0.870	554	1
0.915	39328	2
0.920	4315	3
0.930	8000	1
0.935	17813	4

Last trade - 15.59pm 23/08/2024 (20 minute delay)

MSB (ASX) Chart

SPONSORED BY