I think Taimoor164 makes a fair point for exactly the reasons you have mentioned col69. As you have said, the current share price really only reflects the likely sales generated by Ryoncil if/when approved. While I wouldn’t want to see large gaps created by a rapid share price rise due to the recent announcement, I am surprised to see meso trend downwards on the 2nd day post announcement. As a health care practitioner I have a comprehensive understanding of the mechanism of action for mesoblasts stem cell therapies and am 100% certain that the vast majority of mesoblasts therapies will have positive results, however the underlying potential of this stock is not being reflected in the share price and I can see why some are frustrated or confused. I believe this is predominantly due to a general lack of pathophysiological knowledge surrounding stem cell therapy among the vast majority of investors and just using this company as a short term/day trading stock. hoping to see the potential of this stock and it’s treatments publicised more widely to get more investors on-board.
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I think Taimoor164 makes a fair point for exactly the reasons...
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$1.01 |
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Mkt cap ! $1.136B |
Open | High | Low | Value | Volume |
$1.00 | $1.01 | 99.0¢ | $1.010M | 1.012M |
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No. | Vol. | Price($) |
---|---|---|
13 | 52043 | $1.00 |
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Price($) | Vol. | No. |
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$1.01 | 92681 | 10 |
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No. | Vol. | Price($) |
---|---|---|
13 | 52043 | 1.000 |
17 | 191880 | 0.995 |
23 | 236462 | 0.990 |
13 | 93384 | 0.985 |
15 | 297333 | 0.980 |
Price($) | Vol. | No. |
---|---|---|
1.005 | 92681 | 10 |
1.010 | 100804 | 19 |
1.015 | 117997 | 14 |
1.020 | 65158 | 8 |
1.025 | 111823 | 8 |
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