worst corporate governance on the asx, page-64

" I've been of the belief all along that by the by the time all the passengers are aboard the prr express and it really leaves the station there's going to 1 billion shares.I'm not happy but no real surprise. Still plenty of upside at this stage so why worry? "


Very true, it was discussed here some weeks ago as to the raising of the necessary funds needed to complete the phase 3 trial . Management have been very clear to shareholders that this will begin 2nd half 2009 and fast track, orphan drug status are real possibilies. Clearly management are busy expediting all possible avenues to get commercialistaion as quickly as possible. The recent upward movement in SP has assisted the process enormously and management are simply investing back into shareholder confidence to drive further funds and ultimately shareholder value.

Punters need to cool off and remember the real fundamentals here. Its all about technology and licence Prima has them so back it.

Similarly when providing incentives to staff or management to drive business objectives, provided they are aligned with desired outcomes back it!