MSB 1.08% 91.5¢ mesoblast limited

Ann: Mesoblast Phase 3 Chronic Low Back Pain Results, page-224

  1. 3,074 Posts.
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    The market has given them a gold star on the wrist for effort. I think there will be a build up of sellers who have been waiting for the blockbuster result....it's huge!, but really it's just a pass. Many will go.
    This one will be flicked on to Novartis added to the other fails. I've got a feeling that amongst the carnage a blockbuster will emerge over time. I hope Novartis hangs in. MSB needs them more than ever now. The high volume so far this morning are sellers, there is little if any short covering and the stock will retreat into red in the next 24 hours resuming its dance downwards.
    Alhambra.
 
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