For the past 5 years the company released the final accounts soon after the Preliminary Final Report if it was not released together.
The historical records had been posted at
http://www.hotcopper.com.au/post_single.asp?fid=1&tid=1547448&msgid=8854371
This year is an exception as these self-serving share grabing executives took advantage of the BARDA funding to reward themselves handsomely. Is it sheer coincidence that they delayed the release the Final Accounts until they have grabbed the free oopies?
It is time Biota Shareholders stand up for their interest. All members of the Australian Shareholders Association should lobby ASA to move for a resolution to sack PC when the AGM is call.
PC was rewarded half a million free oopies for normalising relationship with GSK for which we now know is a Big Lie. PC only known video promotion of Biota and Relenza was at a time when Relenza demand outstripped GSK Production capacity - was he then promoting for GSK' one-stop-shop marketing of GSK Flu vaccine? It appears he got a bigger reward this year for the BARDA funding which is about the only thing positive he managed to get for shareholders in the 5 years as the CEO. His blunders and mistakes are too many to list here!
Sack PC before he blled the coffer dry!
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