MSB 1.78% $1.11 mesoblast limited

Silviu Itescu The Legend, page-146

  1. 4,668 Posts.
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    Can't see any charts in your post but feel free to tell me how an 11-year (as distinct from a 10-year) view would show some (any?) level of outperformance against the health index over that period that might justify management salaries and options packages. Happy to be corrected but the best interpretation I can find is still something like 10:1 underperformance.

    I rarely post on here because of the "one of us, one of us" mentality but a couple of years back I commented that the major beneficiaries of the various MSB Capital Raisings have been in order:

    1. MSB Management
    2. Shorters
    3. Those receiving special placements (presumably some overlap between 2 and 3)

    While the major losers have been long term Retail holders (category 4). What's changed? We could take MSB posts from 10 years ago and they'd still get 20 likes. All great unless category 4 investors expect some sort of financial return. Like the baggage class passengers locked below deck on the Titanic
 
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