PER percheron therapeutics limited

Ann: Notices received under s203D and s249D of Corporations Act, page-143

  1. 600 Posts.
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    Just reading the directors letter again and they pretty much declare imo (if they are true to their word) that someone like PVL and lateral is worth talking to as part of the transformation process the company is undertaking, will they be met with open arms or told to bugger off, PVL are certainly knocking loudly on the front door

    Finally, and regardless of what we conclude from these efforts, it is quite likely that the
    company will need to diversify its pipeline, and we will look to add one or more new
    programs to our portfolio. We have already begun exploring opportunities that may
    provide a faster and more secure path to restoring shareholder value and we have
    initiated discussions with several potential partners
    . By virtue of our recent capital
    raising activities we are in the fortunate position of having choices in respect of what
    Percheron may become. The Board is approaching this question with an entirely open
    mind,
    and our only guiding principles are to continue to seek impactful new therapies for
    diseases with high unmet need
    , and to strive to reconstitute the value of the company
    on behalf of our shareholders.
 
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