MSB 3.21% $1.13 mesoblast limited

MSB Trading 2020 - a new dawn, page-7759

  1. 2,126 Posts.
    lightbulb Created with Sketch. 1777
    Interestingly, once we look past the very hard sell-off so far...
    https://hotcopper.com.au/data/attachments/2524/2524305-5e832bf5502b16d0a34dfaf413cc113f.jpg
    That buying volume is very telling. Seems to me like there are a lot of people seeing this as an opportunity to either average down or accumulate more at these levels.

    https://hotcopper.com.au/data/attachments/2524/2524302-c46dd4f7a70a4bedc7ecc5ce22878551.jpg

    RSI is on an upwards trend, as well as the OBV which has just ticked into a positive gradient which tells me that there is more buying right now.

    For the LTSH's our there, if you can stomach today, our current situation does represent a buying opportunity if you were looking to top up at a discount.

    I'm gonna call a rose a rose, and while the CRL was a little disheartening (on the surface value), it is not the end of the road because the FDA, in the Type A meeting, they will definitely need to address the very big ethical issue of doing a randomized trial on kids who are already dying.

    Imagine you were a parent who had a kid suffering from acute GVHD. You enrol your child in the trial and your child has a 50% chance of not receiving Rem-L. How would you feel?

    This is the issue that the FDA must address.

    Hence a conditional accelerated approval pathway is the most ethical way forward!
 
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Last
$1.13
Change
0.035(3.21%)
Mkt cap ! $1.284B
Open High Low Value Volume
$1.09 $1.13 $1.07 $3.910M 3.535M

Buyers (Bids)

No. Vol. Price($)
2 27197 $1.11
 

Sellers (Offers)

Price($) Vol. No.
$1.13 43578 3
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Last trade - 16.10pm 27/09/2024 (20 minute delay) ?
MSB (ASX) Chart
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