Just to fill you in a bit, I was one of the very early investors here taking the gamble at under 1 cent. I did all the reading, talking to management, being actively alert stuff and watch Hopper and developing team produce the foundations of what you’re seeing today fundamentally. They delivered and after many years the market agreed and the SP went up, pure and simple. Back then what management did effected the SP greatly. As I’ve said, management doesn’t control the SP anymore the ASX machine does and perhaps it’s you guys who need to broaden your horizons in how that actually works.
Eileen unfortunately removed her post but she was making the point that Directors shouldn’t sell off any stock until the company is making revenue. That is just an unrealistic approach especially in the BIO sector. For near 10 years now you’re asking Directors to hold and probably with a long time to go. That’s so unfair and you just wouldn’t get Directors putting a lot in initially if that was the case.
Anyway, I believe management has delivered huge value and returns to holders over a long period, others don’t agree. So be it.
Cheers
IMU Price at posting:
12.0¢ Sentiment: None Disclosure: Held
(20min delay)