Faxed back my NO to Mr Collier's options package today. He, and the board MUST be kidding us. As OOPeek says "Create shareholder value is his damn job" for which he is rewarded more than adequately. He should have been a lawyer, I thought they were the ones with the mortgage on the more incompetent, the more complicated you can make it and over the longest possible time - the more you can charge. Board you are joking. Unfortunately, as has been said on this thread, they will still pass through with help from the friendlies. Board and Mr Collier, 8 years and I'm well underwater on these, having participated in SPPs and buying on market, which I did because this was supposed to be Australia's dream biotech team.You have made a right royal mess of this drug's approval and should be donating back your options, and salaries.
CXS Price at posting:
50.0¢ Sentiment: Hold Disclosure: Held