Australia's largest stock trading and investment forum Australia's #1 stock forum

MSB

Click for more information

11.1%

$1.10 mesoblast limited

Ann: Trading Halt, page-934

First 934 Last

Share
Profile

Follow
dolcevita

30,141 Posts.

1782

16/05/20

13:29

Post #: 44655694
Share

Originally posted by madamswer: ↑

"Or do you just enjoy trying to find a point such as not using the cash on hand for inventory ( which at any time the majority of that cash could be used to build inventory) "

Well, I guess we have somewhat differing expectations from the custodians of our capital.

Put it this way, assume the case of:

Your family owns a factory that produces widgets.
You don't work in the factory; you prefer to do other things with your time.
One day the factory manager (whom you appointed) calls you up and says, "Hey Mr @Jakeo17, good news! Our sales guys are saying we can expect to receive a large order, so we need some capital to build stock to supply that order."
You duly make the capital available.

Then, 7 months later, on a visit to your factory, you see no sign of any widgets.

Is your reaction to:

A. Do nothing, because you didn't even notice that there is no stock?

B. Say to your family members, "Oh, well, I'm sure they did something with the money I gave them"?

C. Ask the manager, "Excuse me, Jim, you know that money we gave you to make product, can you tell me where the product is being stored?"

.

Expand

Not the widgets!!!

MSB Price at posting: $3.65 Sentiment: Buy Disclosure: Held
1 Upvote

0 Great analysis

Reply

First 934 Last

Add MSB (ASX) to my watchlist

(20min delay)
Last $1.10		Change 0.110(11.1%)		Mkt cap ! $1.210B

Open	High	Low	Value	Volume
97.0¢	$1.11	95.5¢	$12.45M	12.05M

Buyers (Bids)

No.	Vol.	Price($)
14	100370	$1.10

Sellers (Offers)

Price($)	Vol.	No.
$1.10	61903	5

View Market Depth

No.	Vol.	Price($)
15	51325	1.085
17	124217	1.080
15	215288	1.075
11	62906	1.070
12	178767	1.065

Price($)	Vol.	No.
1.090	82304	8
1.095	47026	10
1.100	499767	26
1.105	86421	4
1.110	74330	5

Last trade - 15.00pm 01/05/2024 (20 minute delay)


Last $1.09			Change 0.110 ( 10.3 %)
Open	High		Low	Volume
96.5¢	$1.11		95.5¢	2139145
Last updated 15.18pm 01/05/2024 ?

MSB (ASX) Chart

SPONSORED BY