Hello Dear Mesoblasters"
I have been buying both $MESO & $MSB for the last few months and just wanted to share my thoughts on the rationale for buying Mesoblast or any investment for that matter. I have worked for many years as a Management Accountant - consulting business on growth, where to invest and giving reports with insights to Management for making an informed decision. Which is what I want to share, how I make an informed decision. I have made early investments in $BEL, $A2M, $ATP to name a few. I have recently joined as a member of HotCopper, however I have been using HotCopper for few years now.
Firstly there is no such thing as "GET-RICH-QUICK SCHEMES (GRQS)" if that is the reason someone is investing, say even if you enter the trade at the right time just before a bull run start, if you have not researched you are most likely to sell way before you make a decent return from your investment, however the closest thing to GRQS is luck, it is an important factor in business, investment, Job and in general life. Having said that, nothing can be executed based on "LUCK ONLY" nor your business, nor getting a great job, nor getting a life partner and neither for Investment success.
For me a lucky part in case of $MSB investing would be that I have found MSB out of 2,800+ stocks listed on ASX, or lucky that I have found a community like HotCopper which acts as a SUPPORT or RESISTANCE if you will.
Now say that we have luck on our side. We still need reasons for what we do, either investing, job, business or choosing a life partner. I make an informed decision to really get to the bottom of "I AM DOING THIS BECAUSE". And BECAUSE just can't be "To make money" (in case of investing) because that's the result you want, not the reason you are getting into it.
Let's put it another ways or more relatable way, ask yourself question, why would I get married to a particular person or why would I want this job, or why would i start this particular business, most important why would i invest in this particular business either be Milk bar next to your house or multi billion dollar Mesoblast. I would simply write down the positives and negatives and then analyze the risk vs reward.
Example (I am using this example because this is more relatable) If I decide to marry say a person "X"
Positives - she'll cook great food, or she exercises regularly which might encourage me to stay fit and live a better life, or she is intelligent so I can can intellectual conversations with her, so on and so forth. To make an informed decision you must list the risks as well, if I marry her, I'll lose some of my independence or she will spend more money than she makes will put pressure on my finances, so on and so forth. All this exercise does is allows you to be prepared for what's to come, not change the course but to have factored most risks and rewards so that you have made an informed decision.
Eventually it will allow you to NOT run away when times get hard, because you know that the core values that you valued so much at the inception of the relationship are still HOLD TRUE TODAY. However if you just married her because someone told you that you'll make a great partner {Advice (my advice is to never just take advice also do your research)} or she looked beautiful (To Make Money), it is poised for a short term relationship with neither partner with a happy ending 
The thing is, the ASX or any Stock Exchange is not like a thermometer which just reflects the temperature of the room instantaneously. However, in long run it can't help but to show the True Temperature of the underlying business if you will. So as long as you feel that the room is pleasant and cool (The True Temperature), I DO NOT look at the ASX thermostat and start to think because the ASX thermostat is showing it HOT it must be HOT and I should or I must feel the heat .
Pre Covid-19 Analysist had valued the business at USD23 $MESO or MSB AUD 6.68
https://www.streetinsider.com/Analyst+Comments/Cantor+Fitzgerald+Reiterates+Overweight+Rating+on+Mesoblast+Limited+%28MESO%29/16499558.html
Another one pre Covid-19 Analysist had valued the business at USD14 $MESO or MSB AUD 4.06https://biotuesdays.com/2019/12/19/dawson-james-starts-mesoblast-at-buy-pt-14/If you are thinking of investing please do you own research and ask questions before investing in a business that your no nothing about.
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