MSB 3.76% $1.03 mesoblast limited

As Madam suggested compare todays Credit Suisse with around 19...

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    As Madam suggested compare todays Credit Suisse with around 19 Nov 15 Form 604

    The amount of shares Credit Swisse was custodial for "Holder of Securities subject to an obligation to return under a securities lending arrangement" came down by approx. ~$4.0m
    (it looks like shorts covering )

    IMO , the one to pay attention to M&G's 604 announced 25/11/15 ( last one was 21/2/12) showed they increased in shareholding in MSB over that period ~7.0m ++ they acquired 1,497,235 ADR on listing ( 1 Adr = 5 Msb).

    So todays announcement is Not a surprise ...and neither is M& G's continued belief in Meso.
 
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