MSB 1.86% $1.10 mesoblast limited

Mesoblast stock(rock)-take March 2024, page-174

  1. 776 Posts.
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    Thanks

    71c seems good business - for now.

    Hopefully that's the end of the shakeout, and we have a strong amount of buyers lodging bids early tomorrow.

    If we do, there's the one guy selling 1,000,000 at 77c.

    If that's pulled, it won't take much to get back to the 95c mark.

    I guess we could do with a company update, but tbh the pullback from 95c+ hasn't been as bloody as it could have been.

    A lot of support.

    I'm light on the science here (still reading!) but I'm all over the situation. I think a lot of people are.

    Meso was on my watchlist ever since 'the fall' and I'd suggest a few other peoples as well.

    It would not be too much of a stretch to assume we all know exactly what the possible resubmission announcement meant.

    Add that to Jane Bell, media yapping and there is a lot of people - retail and soph - who won't hesitate to pull the trigger as soon as Meso confirm the FDA
    meeting minutes content and then double down on official FDA resubmission.

    I'd go further and suggest a lot of the people watching on, or buying up now are fully aware of what an FDA approval means for the ease of approval for other MSB stable drugs, and the implication of the effect on the share price.

    It could all fall over of course - that's the risk of these adventure.

    But if not, well, the stars are aligned aren't they.

    When this flies, it will fly hard.

    $5 on announcement of official FDA resubmission and timeline (30 days 90 days etc)

    On approval from FDA - I'm willing to stick my neck out and say $15 by end of 2024.


    I'm also fully aware of what happens if it falls over.

    2c DYOR, IMHO etc etc
    Last edited by Hawk70: 17/04/24
 
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