Ann: Board statement re Ramcap Ltd, page-52

I do as much as I trust any of the others that I invest in. The fact that they draw very little remuneration from the company was a green flag. The relatively big accumulated tax losses was another green flag for me. The fact that their trial failed was a red flag, but I can tell you one thing, trial failures outnumbered successes by a lot on the ASX. The BIO companies are all high risk, so in my view only invest/gamble the amount that you can afford to loose or write off.
DYOR