" Yep, should the BLA fail, then then pretty much the entire IP will belong to the creditors who would be able to claim the Temcell royalties. Unless someone was brave enough to rescue the company then it wouldn't be worth very much at all. "
Hmm...
Let me see now. My B.Com. (Hons) was a couple of years back, but I seem to recall a little thing called the accounting equation.
It's the basis of all financial double-entry accounting @whytee in every country, in every corporation, on every stock exchange in the world. I know, it's possible that you may never have heard of it.
It reads like this: 'Equity = Assets - Liabilities'
Simple, eh? Now, I'll let you do the math..and I'll tie one hand behind my back & let you use independently-audited book values from Mesoblast Ltd's most recent financial accounts, as lodged with SEC and ASIC - linkhere. Here we go...
Have a great night, wherever (& whoever) you are.
Take care of your health.
Cheers all.
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