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$1.13 mesoblast limited

Also worth noting the debt covenant requires them to hold a...

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gordon_gecko

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31/01/24

14:21

Post #: 72161012
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Originally posted by madamswer: ↑

Actually, he was being unduly optimistic, with his view of, "Even without that, and without running trials there's only 6 quarters of cash remaining. With the repayment it's much closer to 1year."

Because that's an inaccurate take on the company's true underlying capital position.

At the 30 Dec 2023 balance date, the company had US$78m in Cash and US$90m of Borrowings, so they started the quarter with Net Debt of US$12m, and are likely to end the quarter with ~US$25m of Net Debt.

No way they last even a year without yet another capital injection.

Ergo, London to a brick says expect another ....uh... "financing transaction" to occur within the next 6-8 months.

.

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Also worth noting the debt covenant requires them to hold a minimum cash buffer of USD35m so they only have USD43m to play with.

MSB Price at posting: 26.8¢ Sentiment: None Disclosure: Not Held
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(20min delay)
Last $1.13		Change -0.045(3.83%)		Mkt cap ! $1.295B

Open	High	Low	Value	Volume
$1.18	$1.19	$1.12	$10.48M	9.207M

Buyers (Bids)

No.	Vol.	Price($)
63	248226	$1.13

Sellers (Offers)

Price($)	Vol.	No.
$1.13	184061	18

View Market Depth

No.	Vol.	Price($)
56	242627	1.125
31	450298	1.120
22	180647	1.115
18	230404	1.110
9	331707	1.105

Price($)	Vol.	No.
1.130	59182	14
1.135	208353	18
1.140	367811	18
1.145	413201	20
1.150	266557	15

Last trade - 15.44pm 08/05/2024 (20 minute delay)


Last $1.13			Change -0.045 ( 4.33 %)
Open	High		Low	Volume
$1.17	$1.17		$1.12	1447014
Last updated 15.59pm 08/05/2024 ?

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