There was a lot of discussion in Oz about it. CSL had a two day fall from $A305 to $A282.25 yesterday BEFORE the big fall in US markets, purely based on the CSL failed heart trial. That's a market cap loss of $A11bn or $US7.1bn. It's a reminder of how much a successful trial could add to the Meso market cap. Adding $US7.1bn to the market cap would take Meso up to $US71.90 per MESO ADR ($A11.10 per MSB Aussie share).Note these are not my valuations, just an indication of what a similar mkt cap move would do to the Meso share price IF it happened. It would probably require a confirmatory trial by Meso showing similar spectacular reductions in MACE - cardiac death, strokes and heart attacks as Dr Perin achieved for Meso in the DREAM trial. An accelerated approval in paediatric HLHS or LVAD would also get a big vote of confidence from the market.The market is clearly not pricing any of this into the Meso price at present - in large part because of poor communications by Meso and a loss of confidence in SI by instos. As several people have said, it would be very cheap for CSL to buy Meso and get access to the whole portfolio for a fraction of the value of the CSL heart market cap.
E
Aloha.
- Forums
- ASX - By Stock
- MSB
- banter and General Discussion
banter and General Discussion, page-9103
-
- There are more pages in this discussion • 1,336 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
$1.16 |
Change
0.005(0.43%) |
Mkt cap ! $1.318B |
Open | High | Low | Value | Volume |
$1.15 | $1.17 | $1.13 | $3.743M | 3.261M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 78561 | $1.15 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.16 | 114667 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 78561 | 1.145 |
4 | 151270 | 1.140 |
4 | 53395 | 1.135 |
6 | 133073 | 1.130 |
3 | 101104 | 1.125 |
Price($) | Vol. | No. |
---|---|---|
1.160 | 114667 | 4 |
1.165 | 45573 | 3 |
1.170 | 67634 | 7 |
1.175 | 40867 | 3 |
1.180 | 27096 | 4 |
Last trade - 16.10pm 22/07/2024 (20 minute delay) ? |
Featured News
MSB (ASX) Chart |