MSB 0.52% 95.0¢ mesoblast limited

Yes well they had $62.41m cash as at 30 Sept and burn approx...

  1. 15,584 Posts.
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    Yes well they had $62.41m cash as at 30 Sept and burn approx $20m a quarter, so based on that theory technically they had enough cash to last until June 20 2018 ......

    I hardly think if they instigated the Kentgrove facility it is 'to keep the lights on' as some are saying on here .... if this 78 page document is setting the facility 'in place' it is more of a safe guard and a responsible move IMO..... It also shows potential partners they are prepared to 'go it alone' if they have to (i.e. SI is demanding more than they want to pay for a partnership)... it clearly demonstrates to prospective partners MSB has options and are prepared to use them if necessary - especially so close to results

    ..... sure if they proceed heavily through the Kentgrove facility during 2018 the share price will suffer, but anyone who is heavily invested in MSB and believes in the science has accepted that this was probable way back when the facility was 'arranged'.... and if they didn't they should have knowing SI has the control of the BoD and believes in the science and has priced it accordingly ... again IMO

    Who knows by the end of the quarter we might have a voucher from the FDA and that again would change the dynamics of MSB and be favourable to the SP ???

    As previously stated whatever happens in 2018 - we are in for a game changing year with regenerative medicine and subsequently MSB !

    GLTAH
 
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