In regards to shorts and the relationship GG may have with them. I am with Pledge, like a lot of us he is more than likely to be in it to make a lot of money. Perhaps he sees a way to make that money far faster than just letting MSB progress and the market valuing accordingly..
We know GG has been building a nice position. Could he also be lending stock out ? Yes. This would help keep the SP down and give him a supply to buy. Perhaps this is why we have seen huge volumes in the ARDs market. Buy- lend, buy- lend , how many times could he do this ?
He controls a lot of shares, my guess he controls a lot of shorts too. Positive announcement from MSB and a call by GG to his broker, "I want those shares back "
He could make far more and do it way faster than just letting Mesoblast grow.
Cell Therapy News/Articles, page-17620
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Last
$1.01 |
Change
-0.065(6.07%) |
Mkt cap ! $1.147B | |||
| Open | High | Low | Value | Volume |
| $1.05 | $1.05 | 99.5¢ | $9.449M | 9.298M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 64999 | $1.01 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.02 | 64541 | 3 |
View Market Depth
| Last trade - 16.10pm 30/07/2024 (20 minute delay) ? |
| MSB (ASX) Chart |