Who ever wants to read the article on Sydney Morning Herald should type "SMH "ASX on a mission to tame the Covid Cowboys" on Google. The article will immedeately pop out.
3 Companies have been mentioned and Cellmid is one of them. To say that CDY was just a passing mention than a focus is an understatement. It is now labelled as a Corbid Cowboy Company and shares are suspended; a far outcry from a respectable Hair Loss and Biotech company just 3 months ago. As somebody has mentioned, this will certainly impact the reputation of the core business. The name Corbid Cowboy will linger for years. It is obvious that the company is in a mess.
With all these happenings, us shareholders are kept completely in the dark and have no idea as to what is going or when will this end. We cannot trade the shares we own. We are not even sure where the company stands with respect to its integrity or ability to ever trade again. This is truly an ill thought of and very destructive project steered by an irresponsible and incompetent management with zero transparency and accountability.
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