MSB 7.69% $1.19 mesoblast limited

MSB trading, page-571

  1. 1,972 Posts.
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    Its always nice to throw in figures and paint a pretty picture, however when one starts making assumptions the danger lies in not all assumptions realising reality. Reminds me of a friend who worked in a State Government Department and prepared a budget which made several assumptions and was a delight for the Minister to present the Budget in Parliament. Unfortunately when the actuals were tabled, he was a mere $500M out and that cost the Minister his job.
    The MSB's products have the potential of generating massive revenue and making profits which will drive sp upward and prompted some gentlemen suggesting $100+ a year ago. If I remember correctly such predictions were gunned down and wonder why now encouraged.
    As for me, I have my own forecast but prefer not to share as it can cloud another persons judgement.
    I am sure madam your posts with negative flavours have caused some to cut losses and perhaps regret such decisions in the years to come.
 
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