"Take a Closer Look", page-575

No I won't "take a nap". It needs to be said. Because this company and it's struggles, is the perfect example of what is so wrong with this country. Indeed it may well be the "most exciting and promising company on the ASX"? The big question though is despite all this, why does it seem the risk of holding an early biotech investment story like this, never appears to be rewarded? If that is the case. Particularly at this point in time in it's infancy, why hold the stock at all? Where is the rush to get in and be a holder, if that risk isn't supported by ongoing CR rules by ASIC and the ASX ?? (No advice).

See here we have a simply massive super fund industry in the country - with what is it? 2.2 trillion in assets and over 4.6 Billion flowing in each quarter: Not annually - but every 3 months!... that's twice the q. amount since "code red" alone!.. https://www.superannuation.asn.au/resources/superannuation-statistics

That is 4600 Million dollars or 100 x Admedus's (market cap), every 3 months, yet not even 1% of those massive amounts of funds could find it's way to even double the market cap of AHZ since the new year.. and take it to "break even" for holders (just above last years 55c SP) prior to the most recent CR...

Now why is that? Is it their ridiculous investment allocation rules? The fact this company and story really is a dud? (which I struggle to believe, because the science must be worth something.. surely??).. Or the fact that the ASX and ASIC and Gov rules don't encourage the super and fund management industry to allocate venture capital for the long haul, because exisiting shareholder risk is not protected (and therefore eventually rewarded), as the rules basically encourage funds and big super to never take risk, and simply sit back and do nothing to support such great start ups as this?

So on and on they go pouring the money into useless unproductive assets, like bank stocks (that in turn never lend to great small companies) and telcos with zero growth and the property industry, or fiat currency or stupid unproductive bonds and the government does nothing about it..

That's the sad thing. The total farce IMHO, that is the ASX, and the investment and superannuation industry.
So isn't this the no. 1 q to ask Ask yourselves? Just what the heck is really going on here with the ASX, the funds management industry and the way capital is raised in this country?!

So much for Malc's biotech "clever country" and "value adding"??!!... What a farce it all really is. All IMHO, NA Go Admedus. I wish all holders well. At peace with my investments (for I learnt the hard way, and have truly "seen the light") and DYOR And no idea of the outcome of the next 4c or a CR (so I chose now to sit on the sidelines) NA.. >