Hi again @Youngandnaive, thinking about it a little more, it was...

Hi again @Youngandnaive,

thinking about it a little more, it was even more impressive on the Chairman's part IMO than I'd originally considered.

Why? Because effective January 5, 2024 - i.e. a week from now - all issued ADSs will be consolidated on a 2:1 basis ( see thread initiated under @Honest123's post: Post #:71635126 ). Chairman Swedish' acquisition on-market has settled, and so his entitlement has vested.

Effectively, his holdings will halve in number in 1 week. Nothing he can do about it. Now, here's the point - if there is a real-world market tendency (as certain posters claim on HC:MSB) for NASDAQ and ASX quoted market prices to simply 'drift down' after a consolidation without any material news, then Chairman Swedish has paid something of a premium to be seen to be part of the Mesoblast team at the same time as his fellow non-executive and executive Directors. Reasonably, that would be heartening for all MSB holders.

Now, a couple of caveats.

First, I don't believe (or disbelieve) in 'drift' theory. I simply have no information one way or another. Other MSB or MESO holders' comments are very welcome.

Second, I do believe Chairman Swedish is well-informed in MSB operational matters, & would not just 'give' his 401 monies away at this time of his life for the heck of it. My assessment is that he simply can't see any good reason not to invest in MSB ADSs at this particular point in time.

And (strangely) that cheers me up even more.

Happy New Year all.

Cheers
GLTAH