MESOBLAST LTD

1.725

+0.0201.17%

Volume:4.41M

Turnover:7.63M

Market Cap:2.20B

PE:-11.94

High:1.760

Open:1.710

Low:1.685

Close:1.705

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Overview Company News Filings

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White has stepped down while Ellison plans to step down from his post within 18 months. Both were the result of investigations and intense scrutiny.Although there are red flags surrounding both these companies, Plato Investment Management's Dr David Allensuggests these are not the only companies in the ASX 300 that investors should be taking notes on.Zombie companies are defined as businesses where their interest costs or debt repayments exceed their cash flows over long periods of time, say three years or more. Usually, they trade at high multiples and have a captivating story that sees investors take a punt on these profitless or hardly revenue-generating companies - like a junior mining business sitting on a very large pot of gold, or a biotech with plans to revolutionise healthcare.\"If a company's got negative operating cash flow and it can't even cover its interest co","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":{"source":"livewire_stock","url":"https://www.livewiremarkets.com/wires/the-7-zombie-companies-lurking-on-the-asx-300","rn_cache_url":null,"directOrigin":true},"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.livewiremarkets.com/wires/the-7-zombie-companies-lurking-on-the-asx-300","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"livewire_stock","symbols":["NVX.AU","WTC.AU","BK7084","BK7501","BK7507","BOE.AU","ADT.AU","BK7083","IMM.AU","BK7067","BK7508","BK7095","BK7016","INR.AU","CAD.AU","MIN.AU","BK7503","XKO.AU","XAO.AU","XJO.AU","MSB.AU","NXG.AU","BK7504"],"gpt_icon":0},{"id":"2481505619","title":"Three High Growth Tech Stocks in Australia","url":"https://stock-news.laohu8.com/highlight/detail?id=2481505619","media":"Simply Wall St.","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2481505619?lang=en_us&edition=fundamental","pubTime":"2024-11-06 12:06","pubTimestamp":1730865978,"startTime":"0","endTime":"0","summary":"As the Australian market experiences a modest uptick with the ASX200 rising around 1% to 8,210 points, investors are closely monitoring the ongoing US election and its potential impact on global markets. In this environment of cautious optimism, identifying high growth tech stocks requires careful consideration of factors such as innovation potential, market positioning, and adaptability in dynamic sectors like technology.Click here to see the full list of 61 stocks from our ASX High Growth Tech and AI Stocks screener.Overview: Clinuvel Pharmaceuticals Limited is a biopharmaceutical company that develops and commercializes treatments for genetic, metabolic, systemic, and life-threatening disorders across Australia, Europe, the United States, Switzerland, and internationally with a market cap of A$685.77 million.Operations: Clinuvel Pharmaceuticals generates revenue primarily from its biopharmaceutical sector, amounting to A$88.18 million. 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