ALA 2.94% 16.5¢ arovella therapeutics limited

Ann: SUDA Enters Agreement To Develop Cannabinoid Spray, page-117

  1. 23,919 Posts.
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    It's almost impossible to keep track of what they are doing !

    With $1.7M in bank at end of last quarter, and a forecast spend of $700K this quarter I would say a CR is coming up

    None of these projects they are working on are exciting. Where are the $M's in upfronts, or the $150-300K monthly development fees people were touting ?

    It looks to me like they get a hold of some IP, then just seek to flick it on for a free carry and commercialisation, irrespective of how small the upfront or how long the development period.

    Sack carter, scrap all this garbage IP, raise $2-3M and go after a cannabis deal you own 100% of or something worthwhile

    https://hotcopper.com.au/data/attachments/1548/1548206-8c98cf363a83bafb7bd0f7e8e2dcd8b3.jpg
 
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