MSB 4.00% $1.17 mesoblast limited

Shorters in drugmaker Mesoblast sweat on crucial capital raising, page-62

  1. 2,524 Posts.
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    There is absolutely no financial benefit in going short anymore, as the floor price for MSB is $2.30 ish. Short traders will begin to close their short positions and those that don't will have to buy MSB "On-market" to cover their losses as the price rises, this in turn spikes the price even higher. Our new investor pumping in US$110 million today into Mesoblast is going to want the market to pump hard now to make significant profits. This blip is just a very brief moment in time to purchase MSB before the massive rises start. We always hit a price at or near the strike price which is $2.30, then a major rally starts which will last for many weeks. Remember this investor wants to make a 2x,3x,4x,5x on their money. Its just a matter of time before the share price explodes upwards. Don't be left behind just to save a few bucks you could potentially be losing thousands or tens of thousands when we rally.
 
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Last
$1.17
Change
0.045(4.00%)
Mkt cap ! $1.335B
Open High Low Value Volume
$1.13 $1.18 $1.13 $4.980M 4.315M

Buyers (Bids)

No. Vol. Price($)
4 73090 $1.15
 

Sellers (Offers)

Price($) Vol. No.
$1.17 27903 1
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Last trade - 16.10pm 30/09/2024 (20 minute delay) ?
MSB (ASX) Chart
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