re: meso take a look value investors $,i thought that it would...

re: meso take a look value investors $,

i thought that it would drift down cos it was going hard for a week or so (breaking sp records), then they kindof hid the 22c price of the placing in amongst the communication of the placement.

so basically the sp was going to drift sthwards anyway, due to the dilution (although the placing was only about 10% of the market cap, and therefore should not have had a massive impact)......on top of that, there seems to always be a retracement of some sort, when a steep short-term rise occurs without any material announcements or information to hold the sp up.....
but also, once people realise that they are not very clear with the placing price, they start to think that something dodgy is going on.....but in reality the management was simply trying to guard the booming sp....

although i got in at much lower levels, i am hoping that it does get near the 20c level for at least one or two days - simply so that i can get some more.........cos once they announce their customer targets have been achieved in Q1 2006, i doubt it will ever get near the 20c level again (for the next few yrs at least)......JGL simply has to strong a management team - and connections which are dependant on a strong sp.......