In 2013 Mesoblast acquired Prochymal for $50m. The company hasn't really added any value to that, although it's spent a huge amount on failed trials, and is in hock for $90m with the IP pledged as security. So to me a market cap of $1B looks like a Ponzi scheme on steroids, if such a thing is possible.
ODAC August 2020 event materials, page-40
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Last
$1.01 |
Change
-0.065(6.07%) |
Mkt cap ! $1.147B | |||
| Open | High | Low | Value | Volume |
| $1.05 | $1.05 | 99.5¢ | $9.449M | 9.298M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 64999 | $1.01 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.02 | 64541 | 3 |
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