Hey
@unknownsoldier been a while
I'm really glad to hear you clawed your losses back from MSB I'm being very sincere..i take no joy in hearing people lost money.
Few points I would like to make as to why I never in a million years considered investing in their.
1. Mesoblast faces multiple class action lawsuits in the US after being accused of making false or misleading statements to investors, as well as failing to disclose material adverse facts Mesoblast faces multiple class action lawsuits in the US after being accused of making false or misleading statements to investors, as well as failing to disclose material adverse facts about the company’s prospects and its product candidate named Remestemcel-L.
2. The announcments them selfs having very little substance to them and were clear as day to see were fluff...also stem cell research is still quite taboo in many places.
3. Dilution through private placement to fund day to day activities and extremely poor management when it comes to cash burn.
Point 1 and 3 are extremely relevant. Considering RCE is not involved in any class action law suits I think for now and from what I have seen so far very unlikely to happen (could be wrong) .
The institutional placement from RCE predominantly was filled by fidelity...they were so adamant to not dilute share holding further they negotiated the final shares to be filled by management. FYI fidelity have around $3.3 trillion USD under management... They are no fools.
You come here spouting a dislike for RCE with no facts to back it up and not only that your no longer a share holder from what we are told...if the results for upcoming burns and sepsis are posotive are you going to return to the threads and say wow I may have made a mistake?
I'm not sure how long you have been playing the market but the games being played with the share price a blind person could see..
I have no idea why you feel the need let everyone know you crystallised a loss or update people who have shown no interest in your holdings?
Good luck with your further investments. Take note of the points I have made...might be wise to avoid companies involved in such scandles and poor management.
Glad to see you are still checking in on RCE.
hope you had a nice weekend.
(20min delay)