I’m sitting tight @alhambra, long term it will be a good investment. Would have like the opportunity of lending Mesoblast some money on those terms and with that security. But I can see why they did it. OTAT will give us a better idea of timescale. Novartis confirmation? I am thinking yes but a yes or no is not crucial. OTAT decision I think is. The shorts have always ended up kicking us and we have by improving cash flow moved the need for a CR further and hopefully permanently down the line. Maybe the tide is turning and using a CR to close their positions not being open to our friends opens up a interesting Get shorty”opportunity of some magnitude. Now there’s an idea for a film title.
regards
Yelrom
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