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$1.45 mesoblast limited

MSB Trading - 2020, page-15064

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jbs1982

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20/06/20

17:15

Post #: 45345204
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Originally posted by sarge17: ↑

Sailnyssa in response to your query regarding CYP the director’s loans shenanigans went as follows:

1. In 2018, CYP loan a huge amount of money to Directors Washer and Macdonald to let them buy 2,500,000 options in the company.
2. Conveniently the options are priced at a minuscule 40c each despite the CYP share price at the time being $1.23.
3. All other directors say this is a great idea and that it’s the best way to demonstrate Washer’s and Macdonald’s confidence in the future of the company and align their interests with shareholders.
4. Roll forward to 2020, Macdonald and Washer are so confident in the future of the company, they do a block trade of 1,000,000 of those shares (off-market) to a secret institutional investor at at share price at 2 1/2 lows around 59c.
5. This secret institutional investor is probably thinking to themselves ‘thanks very much for this gift, I was expecting to have to buy these large amount of shares on market at higher prices’.
6. All other directors now say this block trade is actually a positive and in the best interests of the company.

It wasn’t CYP’s finest hour......
Cheers
Sarge

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I'll add to that and say that most of the shares have probably been flipped by now

MSB Price at posting: $4.14 Sentiment: Buy Disclosure: Held
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(20min delay)
Last $1.45		Change -0.030(2.03%)		Mkt cap ! $1.655B

Open	High	Low	Value	Volume
$1.48	$1.51	$1.43	$6.613M	4.498M

Buyers (Bids)

No.	Vol.	Price($)
1	2482	$1.45

Sellers (Offers)

Price($)	Vol.	No.
$1.46	27045	2

View Market Depth

No.	Vol.	Price($)
1	2482	1.450
1	2574	1.440
1	15000	1.435
2	11400	1.430
1	15000	1.425

Price($)	Vol.	No.
1.455	14000	1
1.460	14000	1
1.465	14000	1
1.480	50134	1
1.485	40331	2

Last trade - 16.10pm 18/10/2024 (20 minute delay)

MSB (ASX) Chart