Who cares what their logic is, but if I had to guess, it is that the FDA will wait until the last minute to decide, and they can make a few pips by pushing the price down on the fear that sometimes appears when waiting for news.
A question I prefer to ask is why Dr. Krause would spend $74K on Meso so close to the PDUFA date? Who do you think is in a better position to guess whether approval will be granted? Krause or the shorts? The shorts don't have insider info; there are no leaks.
2023 The Final Countdown, page-833
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Last
$1.13 |
Change
-0.025(2.17%) |
Mkt cap ! $1.284B | |||
| Open | High | Low | Value | Volume |
| $1.15 | $1.16 | $1.11 | $7.363M | 6.488M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 94863 | $1.13 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.13 | 5000 | 2 |
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| Last trade - 16.10pm 26/07/2024 (20 minute delay) ? |
| MSB (ASX) Chart |