Hi Amyne ..thanks for your response which I appreciate and mostly agree with...
Don't agree with comment 4) "The company owe us nothing as share holders" .. my understanding (as a retired CEO and Company Director) is that Directors and Management are required at all times to act in the best interests of the shareholders..ie they actually owe us a fair bit ...
and it is my feelings atm that the best interests of the shareholders would be served by being better at managing the market sentiment and reputation of the company and by better protecting against the opportunity for negative and damaging media ...they can do this by better managing expectations and by delivering in a timely manner on stated timeframes ....I think we agree here ..
In case you think I am having a shot at Si ...I am not ..I really think he is great and the right man to be leading the organisation but he and the Directors really need to address the issues of corporate communication, reputation and media relations. I am thinking a seriously good PR operator who could work alongside Si in important communications would be a boon for the company.
If the share price is going to really move up the reputation of the company and the market sentiment toward the company needs to improve and be protected..
You have said "Novartis agreement has closing conditions. we will never know what these are because they are commercially sensitive" ...my take is that we do know one of the closing conditions ie that Novartis have adequate time to assess the ARDS trial results ...it's just that we don't know what the others may be ...my frustration is that without knowing what these others may be we don't know what might be holding up the agreement...That would be fine except Si gave us the indication that the closing condition that we know of (data review) should only take a few weeks and seemed to indicate that once this was satisfactorily completed the agreement would finalised ...that was 11 weeks ago - so that closing condition presumably has been satisfied ...and SI is not updating us further on the delay since...
Anyway I am happy I have got all that off my chest ... Thats it from me .. reckon I have taken too much space and time of others already..I really appreciate those that contribute so much great commentary which helps to explain what is going on ..thanks @stocksa for the clarification re the NYC office space issue..
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