MSB 1.57% 94.0¢ mesoblast limited

Thanks for pointing out the increase in ADRS. While GG buying...

  1. 5,768 Posts.
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    Thanks for pointing out the increase in ADRS. While GG buying may have influenced ADR demand, I see no reason for GG to want to convert his existing MSB shares to ADRS. No logical reason to do so. I think it is just JP Morgan doing their job to add ADRS to balance the markets. Given that GG did his buying in both markets, I think this shift may say more about Americans finally waking up to Mesoblast's potential.

    https://hotcopper.com.au/data/attachments/6236/6236913-d9d67fc0cb2007e514b0a91371bba224.jpg

 
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