PAA 4.88% 19.5¢ pharmaust limited

Ann: Appendix 4C and Quarterly Update, page-141

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  1. 2,648 Posts.
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    Hi Havenots,
    Apologies for not getting back sooner. I emailed the board members expressing my concern of the erosion of my capital rather than ring Sam Wright, as I figured he would be busy enough as it was. Sam replied by email later in the day.

    To answer your question. Nothing apart from their intent to organize a Q&A session and to reassure me of their strong desire and intent to commercialize Monepantel. Keeping in mind this is from someone with 3 million shares and has a lot riding on this.

    Sam has expressed this strong desire with me in previous emails and is quite passionate about the potential here.

    In short, I am still happy [At this stage] to not try and second guess management decisions and leave them to it. But we all have the right to withdraw that support at anytime and as share holders we have the right to keep them honest.

    You post some really sensible and insightful stuff, it may be worth giving him a call just to reassure your self.


    Pete

    GLTAH
    Last edited by Peeteepoo: 30/07/21
 
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