So far the market has reacted negatively to the removal of Marks and Verdun. Those with an impartial view rightly saw that those people were at least important enough to Mesoblast that them no longer being there removed COULD indicate a tougher pathway for future approvals. That's the market speaking - and I am not talking about today's war related drop.
Market hate uncertainty. When there is uncertainty the natural reaction is to sell first and wait until the dust settles.
Give the new interim leadership time to get their footing. Maybe SI and company worked with these people in their prior roles and they are lined up in Mesoblast's corner. Right now the market doesn't know that. Time with tell.
MSB Price at posting:
$1.58 Sentiment: Buy Disclosure: Held
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