burning just under $1mill per week, page-7

In response to onshow,

ever heard of Mesoblast?

Market cap over $1.8b.

2012 revenues $37m and a net loss for the year of $60m+.

Who says burning $800k a week is too much for a $350m market cap, try doing it with company 5 times larger...

Markets will pay for 'potential' future earnings in these type of stocks. Just have to have confidence the revenues will flow over time.