It's good to see that you have seen my warnings in the past. So I can look back and say that I gave advanced warning to exit Mesoblast shares well ahead of time. I hold to my opinion that Mesoblast is extremely risky, overvalued, and therefore likely to drop long term. The recurrence of a topping pattern is yet another warning sign, albeit this time it comes at a higher share price. I don't think you appreciated the seriousness of the potential for the shares to drop the last time I posted a technical warning signal. Do you know why the company's share tanked so fast last time? More importantly, do you know why they kept rising after that correction?
why mesoblast will drop substantially , page-4
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Last
$1.49 |
Change
0.140(10.4%) |
Mkt cap ! $1.701B | |||
| Open | High | Low | Value | Volume |
| $1.37 | $1.54 | $1.37 | $23.10M | 15.82M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 24758 | $1.49 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.49 | 73626 | 3 |
View Market Depth
| Last trade - 16.10pm 04/10/2024 (20 minute delay) ? |
| MSB (ASX) Chart |