Perhaps this is the reason for the trading halt. This is from a Yahoo message bored:
"...word from what appear to be reliable financial sources in Australia: the company is issuing 31,250,000 new shares in return for $100M AUD = approx $65M USD. Outstanding share count as of the last quarterly filing was 536,779,434 shares, so the new issuance (if true) would represent an approximate 5.82% share dilution (recall 1 MESO = 5 MSB, if reported numbers are accurate the raise was done at the equivalent of MESO = $10.40/sh). For long-term investors the 50-day SMA on my chart shows $7.14 and MESO was trading at $7.45 on January 1 in the ancient days before Covid-19. Could be a good entry point if the stock retraces to the $10.40 range and IF you believe in the efficacy of the technology, which is ultimately the final arbiter:..."
Good luck!
PEACE
Stay safe and stay FREE
Hydro_gen
| 
