SPL 4.17% 11.5¢ starpharma holdings limited

i've been a shareholder almost 10yrs though thankfully have sold...

  1. 486 Posts.
    lightbulb Created with Sketch. 55
    i've been a shareholder almost 10yrs though thankfully have sold out most of my position - so I do have an idea - it's the arrogant thinking like yours that got us down this rabbit hole with management not admitting what has gone wrong - look at where the share price is

    they made 169k last quarter - after the board has spent MILLIONS on Viralese and sucked in investors into what has become a science project

    The board paid BCG fees to formulate a commercialisation strategy, used paid promotions - yet sales have gone backwards. The product was launched too late and since then the care factor for covid has fallen off a clift

    The company should direct the precious funds into trials and other endeavours

    What success are you hoping for in Aust if the existing jurisdictions only bring in less than 200k a quarter??

    https://hotcopper.com.au/data/attachments/5950/5950249-16fa18be187ac54294acf5a261a1394e.jpg



 
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