MSB 1.01% 98.0¢ mesoblast limited

Ann: Trading Halt, page-379

  1. 3,830 Posts.
    lightbulb Created with Sketch. 359
    My opinion;

    Early trade on NASDAQ - MESO - trading halt.

    FDA contacted MSB. We don't know the details, but we can presume it was sensitive enough to request TH.

    9 hours later, TH on the ASX.

    It's fair to say the FDA is in discussion with MSB regarding details of Ryoncil.

    Bottom line is, it's close to approval with a few conditions that need to be ironed out.
    If it was not to be approved, you don't need 1-4 days to prepare a letter of CRL.

    Also, when a CRL is recommended and announced to market, the company arranges to meet with the FDA to discuss the process to get the product approved.

    Also, I don't believe the FDA has given MSB a heads up regarding date announcement. There is more to it, thus my opinion above.

 
watchlist Created with Sketch. Add MSB (ASX) to my watchlist
(20min delay)
Last
98.0¢
Change
-0.010(1.01%)
Mkt cap ! $1.118B
Open High Low Value Volume
99.5¢ $1.02 97.0¢ $2.821M 2.832M

Buyers (Bids)

No. Vol. Price($)
1 20688 97.5¢
 

Sellers (Offers)

Price($) Vol. No.
99.0¢ 35000 3
View Market Depth
Last trade - 16.10pm 15/08/2024 (20 minute delay) ?
MSB (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.