Re "So that got me thinking, "Well, maybe I'm being too harsh. Maybe they had little alternative to go the debt route [*] . "
Yes, I'd say there is a strong argument to say that is the case. In June 2016 we were told the equity facility would provide the financing and, further, that "it is very important we do not take on debt".
Fast forward 21 months, and I think the CEO has done the same simple mathematics (as others have done) and realised that generating the cash required via the equity facility (with the associated increase in daily volume) would most likely lead to the sp getting a thrashing.
Other capital raisings would likewise be debilitating, so debt with it's own set of conditions may very well be the best of the bunch.
- Forums
- ASX - By Stock
- MSB trading
MSB
mesoblast limited
Add to My Watchlist
12.3%
!
$2.43
Re "So that got me thinking, "Well, maybe I'm being too harsh....
-
Top Stories
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
