ALA 3.23% 16.0¢ arovella therapeutics limited

I am a BUY & HOLD, page-128

  1. 610 Posts.
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    I sent this email to Suda on 1 February

    Please pass this email to the Chairman.

    Dear Mr Stewart,
    I have been a shareholder for several years and was encouraged by your letter to shareholders in August 2017 which asked us to be patient and advised that we should not expect any immediate return on our investment.

    What particularly encouraged me was that the long term future could, I felt, be rewarding. This all insinuated that we would have cash flow sufficient to keep the Company afloat. However only 5 months later judging by the 4C we appear to be running out of money with no sales in sight. I am prepared to be patient but would like some reassurance that Suda can survive this short term problem without selling our assets at a give away price.

    Needless to say I have had no reply yet.
 
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