Well... That I'm ignorant I never support any contrary view. But Mesoblast shows that I'm not the only one in this world.
Yes, I understand they want present a technical report to support and explain technical issues. But I assume 99% of investors are not scientists , or cardio vascular doctors, and probably cant read this report except for the areas more " common words".
They should (nd apologies if I am wrong) start with main page saying "
a) the result will most likely conduct us to federal approval
b) if that achieved the result will be act with a X million market
c) the fact we didn't achieved full target means we are not participating of X million market
d) we target have this procedure ready to the market around month/year
e) the forecast profit will be approximately …. million a year.
Well.... but much better explain the endo, mycrotermical stratospheric of blood needles inverted in the left heart... saying that probably we start the market the same way yesterday.... some believing that is good, some is bad, and nobody have a real clue what is the commercial relevance of what was discovered(and what was not)
Cato
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