How can any investor, including institutional investors, have any confidence in Mercer and his team now ?
They've had months and months to get their house in order and still this happens, and it is conveyed to the market with one paragraph. They "had a commitment" from the EMA that there would be NO FURTHER delays or deferrals. What is going on?
I suspect that the EMA told them behind the scenes that there was something still outstanding and needed to be included so TIS have been given a bit more time.
Whatever the case, this company's management are accident prone and I can't see them bumbling and bumping along any better if VitroGro ever goes to market.
TIS Price at posting:
30.0¢ Sentiment: Hold Disclosure: Held
