SPL 0.00% 10.5¢ starpharma holdings limited

The Australian Government is providing AU$13 million (US$8 million), page-17

  1. 3,153 Posts.
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    Hi folks

    In the article on this thread
    Australia’s biotech sector tests multiple agents to fight COVID-19


    Mesoblast is mentioned valuating its allogeneic mesenchymal stem cell (MSC) therapy remestemcel-L in patients with ARDS caused by COVID-19


    I hold both SPL and MSB. A recent news release concerning results of the Mt Sinai compassionate trial on 12 covid-19 patients and the announcement of a full double blinded trial using remestemcel-L.

    This has caused a flurry of activity to MSB sp and more importantly to Mesoblasts US Nasdaq listed MESO

    One Meso share $US equals 5 MSB shares $AUD. MESO closed on Thursday at $US6.45 and at the close on Friday closed at $US15.45 that a 239% increase in one day. MSB closed here in Australia at 2.73 on Friday. Next week a trading range for MSB of 4-5 dollars is quite likely after hitting a recent low of 1.02 only last month. A 4 bagger in a month and there were sellers at 1.02.


    So its expected that next weeks action with both MSB and Meso is very likely to be spectacular. That's what can happens when news breaks about a serious prospective treatment for covid-19

    Meanwhile SPL shares have fallen from a recent peak 1.36 to 0.94 in the manner of 6 days and SPL is a serious candidate for a treatment of covid-19.

    Sellers of SPL at the current levels need their head examined. Look at what can be missed if favourable news is released and the world suddenly focuses on SPL as a serious treatment option for covid-19.

    Just my opinion (DYOR)


    cheers Lies
 
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