Flip side of the coin is this;
By various ‘statements’ uttered by WP we were led to believe Admedus’s future was on the up and up, even I thought we had turned the corner, famous last thoughts.
No need to repeat these statements!, Admedus ended up in a big hole, WP needs a strong result to redeem himself, imo, already 20% of the company sold for a pittance of 10 to 13 cents, bittersweet pill of this being our ‘survial’ to continue (?).
Crap begets crap; 2 CRs in 3 month time period, after a remiss statement that none would be on the cards, first one being acceptable in the right circumstances; absolute failure to bring on board any investor willing to buy a 20% stake for 30 cents at that time!, all down a very slippery slope there after.
Hope that on the resume of trading that shareholders have ‘been sold down the river!’
Response received from Wayne on LinkedIn, page-26
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