MSB 6.57% 99.5¢ mesoblast limited

Bell Potter Daily Pack 16 April 2020, page-49

  1. 1,609 Posts.
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    Patience is in short supply right now, I guess, and the average Aussie share buyer is pretty conservative.

    I cannot believe, if you bought anywhere south of 3.00 and read even a little bit of the science on MSCs and their anti-inflammatory capabilities, along with the topline (and admittedly anecdotal) results from the initial ARDS trials and treatments of the last few months, that you would sell to get meagre profits--at least before you saw the upcoming trial results.

    It will only be a few weeks at most before we know if the numbers in the announcement hold up amongst the 300 trial participants, and whether Remestemcel is likely to get approved for COVID-related ARDS. If approved, the US figures alone on the then-designated STANDARD OF CARE for severe ARDS sufferers would be mind-blowing. And that doesn't even account for all of the other good news coming down the pipeline.

    Again, why play for pennies where there are $$$ at stake? Crazy, but I am a long-term holder, and cannot see myself selling any MSB until at least they have an approval for chronic back pain and/or chronic heart failure in a few years' time. So what do I know?
 
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