"The only reason Mesoblast want this much money is that they are using the $50 million in the bank plus this raise to payout Oaktree … they don’t need this much money for trials … there I said it out aloud on here so bookmark this post "
I think you might be right.
This was the first thing that occurred to me when I saw the large quantum of the raising.
I strongly suspect the minutes of Oaktree's risk management meetings in recent months would have had some bright red flags next to Mesoblast's name.
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Ann: Trading Halt, page-157
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