I dont think the ship is sinking at all. They are in fact battling for line honours in a 1 ship fleet of supermaxis. Currently in the middle of bass straight after surviving a storm. about to hoist the A2 as the winds abate in Q4 and they enter the final stretch up the Derwent River after totally dominating the fleet.
A few got seasick and jumped ship along the way, but SI and his thousand patents are determined to get the first, fastest and only finish in the msc category.
Sailing and biotech are similar in some respects. Both are money pits, until 1 good result comes in. Don't expect more than 10% revenue growth until that happens.
FY22 - It's all to play for here!, page-117
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