
Here’s why the Mesoblast (ASX:MSB) share price is plunging
The Mesoblast Limited (ASX:MSB) share price has plunged 43% after giving an update about its COVID-19 ARDS trial.
Big money is not in the buying or selling, but in the waiting.
Charlie Munger
For my own portfolio, I like to find ASX shares that are growing their dividends. Growth is an essential part of the dividend equation for me. I want to see that the dividend increases are funded by growing earnings and/or growing underlying asset values. I also have a portion of my portfolio invested in an ETF that picks undervalued global businesses with strong competitive advantages.
For Rask Media, I have an interest in covering technology (and tech-related) businesses with a global growth story, as well as cyclical companies that are cheaply priced because they’re at a low point in the cycle, such as retailers and resource businesses which could benefit strongly in the medium-term.

The Mesoblast Limited (ASX:MSB) share price has plunged 43% after giving an update about its COVID-19 ARDS trial.

Fund manager Australian Ethical Investment Limited (ASX:AEF) gave FY21 half year profit guidance today. Does the projection make it a great ASX share?

Diversified financial business IOOF Holdings Limited (ASX:IFL) shares are on watch this morning after announcing platform changes.

Rural Funds Group (ASX:RFF) announced it has spent another $32.4 million on an asset to improve its portfolio.

The Pro Medicus Ltd (ASX:PME) share price is up another 3.5% today after another contract win.

Could the Sydney Airport Holdings Pty Ltd (ASX:SYD) share price be a dividend recovery idea? It announced its monthly traffic update for November.

Transurban Group (ASX:TCL) shares are up after announcing a $2.8 billion asset sale.

Bapcor Ltd (ASX:BAP) has revealed another strong update of growth in FY21. Will Bapcor shares rise in response?

Zip Co Ltd (ASX:Z1P) announced that it has raised $120 million and it has plans for this money.
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