The link below was taken from a post by 'wisdomofsilence' on the PRR forum today. It is pertinent to the MSB forum as well. Thanks WOS.
http://www.afr.com/p/personal_finance/portfolio/biotechs_making_steady_recovery_sZ6Y3EkaQduEbnPbuoXviK
There is an interesting quote on MSB in the article:
"But takeovers are expected to be the most likely exit strategy for most Australian biotechs, and even Mesoblast will probably end up being swallowed by a larger player. The question is how profitable can current management make the company appear before that juncture?"
I know there has been some discussion on a takeover before, but I'm happy to re-hash it. Why wouldn't someone bigger take over MSB given it's obvious potential?
afr article on aus biotechs.
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Last
$1.07 |
Change
-0.030(2.73%) |
Mkt cap ! $1.370B | |||
| Open | High | Low | Value | Volume |
| $1.11 | $1.21 | $1.06 | $23.83M | 21.04M |
Buyers (Bids)
| No. | Vol. | Price($) |
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| 4 | 41105 | $1.07 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.08 | 24936 | 4 |
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| Last trade - 12.43pm 02/05/2024 (20 minute delay) ? |
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Last
$1.07 |
Change
-0.030 ( 2.97 %) |
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| Open | High | Low | Volume | ||
| $1.10 | $1.21 | $1.06 | 4310764 | ||
| Last updated 13.01pm 02/05/2024 ? | |||||
| MSB (ASX) Chart |