MSB 5.24% $1.11 mesoblast limited

Looks like a shorter con job on us to me , the writer is...

  1. 8,886 Posts.
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    Looks like a shorter con job on us to me , the writer is mistaken ????,,MSB may have access to an additional $US67 .5 million ,, they have no debt yet ???

    • 92% increase in revenues to US$32.2 million for FY2020, compared with US$16.7 million for FY2019. o 127% increase in milestone revenue from strategic partnerships, to US$25.0 million for FY2020. o 32% increase in royalty revenue on TEMCELL® HS. Inj.1 sales in Japan by licensee JCR Pharmaceuticals (JCR), to US$6.6 million for FY2020.

    • 13% reduction in loss after tax (US$77.9 million for FY2020 compared with US$89.8 million for FY2019), even after US$13.8 million increased investment in commercial readiness for the potential US launch of RYONCIL (US$8.8 million for commercial manufacturing activities and US$5.0 million for sales/marketing).

    • US$129.3 million (A$188.4 million)2 cash on hand at June 30, 2020, after US$90 million (A$138 million)3 capital raise from global institutional investors in May 2020.

    • May have access to up to an additional US$67.5 million over the next 12 months through existing financing facilities and strategic partnerships
    Last edited by semi retired: 02/09/20
 
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