MSB 3.33% $1.40 mesoblast limited

SMH Perspective, page-3

  1. 17,029 Posts.
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    "What do you all think about their guesstimations?"

    @BeesMD

    Pay it no attention.

    No one really knows why trading in the stock has been suspended at the request of the company's management.

    It's all speculation.

    And another way that you can tell the journalist has no idea what he (or she, I can't tell by the name) is saying is that the article quotes Mesoblast having 1.1 years'worth of cash left.

    Any kid in Year 5 would be able to tell you that if you had $100m in the bank on 31 March, 2016, and you were consuming it at a rate in excess of $20m per quarter - and that you had to keep a minimum of $25m at hand at all times - then you really have more like 7 months' worth of cash from the current point in time.

    Somewhat sloppy financial journalism... I'd ignore it.
 
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$1.40
Change
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$1.35 $1.42 $1.33 $3.802M 2.753M

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2 23940 $1.39
 

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$1.40 22571 2
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