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20.5¢ resapp health limited

Ann: Best and Final Confirmation and Bridging Loan, page-161

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AlCp

26,490 Posts.

1721

17/08/22

10:13

Post #: 63159157
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Originally posted by camban ↑

Text book case study in small cap sodomy by Big Pharma. This is how it’s done, folks. Make the board beholden to you, lowball them, court them for as long as it takes to run their cash down, then use financial carrots to turn the screws and force the outcome (and leverage the access) you want.

That the board here agreed to a loan in exchange for giving access to data upon (almost assured) default makes you realise how no directors, in any way, shape nor form and despite their titles and claims, are actually “independent” at all.

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20.8c isn't lowball, 11.5c and 14.6c were......

RAP Price at posting: 18.3¢ Sentiment: Buy Disclosure: Held
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0 Great analysis

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