@madamswer
I am afraid your prediction for MSB cash balance is a little bit too optimistic.
As of 31 December 2016, MSB had US$33.9m.
Early in January, MNK handed over US$21.7m for a 5% stake.
Latest Appendix 4C indicated that cash outgoings in Q3 is expected to be US$26.8m.
Using all of the above figures, we can calculate what MSB's expected cash balance on 31 March 2017 will be.
33.9 + 21.7 - 26.8 = US$28.8m
In other words, in 6 weeks time, without a new partnership deal, MSB will have less money than what it had back on 31 December 2016.
A further 3 months later, if the rate of cash consumption doesn't decrease, its cash will be pretty much gone.
---
All of these announcements about trials results are too difficult for me to understand. Reading it certainly gives me the impression that it's all good news. Because I realise that I don't have the skills to analyse and understand these results, I have no choice but to use announcement of new partnership or lack of announcement to guide me whether or not these results are indeed promising.
- Forums
- ASX - By Stock
- MSB
- Ann: Positive Nine Month RA Results For Mesoblast Cell Therapy
Ann: Positive Nine Month RA Results For Mesoblast Cell Therapy, page-35
-
-
- There are more pages in this discussion • 10 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add MSB (ASX) to my watchlist
(20min delay)
|
|||||
Last
$1.47 |
Change
-0.045(2.98%) |
Mkt cap ! $1.672B |
Open | High | Low | Value | Volume |
$1.45 | $1.50 | $1.45 | $8.307M | 5.669M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
24 | 151320 | $1.45 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.47 | 55652 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
23 | 150820 | 1.450 |
3 | 79013 | 1.445 |
7 | 113979 | 1.440 |
2 | 54852 | 1.435 |
4 | 159188 | 1.430 |
Price($) | Vol. | No. |
---|---|---|
1.470 | 55652 | 2 |
1.475 | 137352 | 3 |
1.480 | 27852 | 2 |
1.485 | 19000 | 2 |
1.490 | 1000 | 1 |
Last trade - 16.10pm 08/10/2024 (20 minute delay) ? |
Featured News
MSB (ASX) Chart |