KZA (ASX) Ann: Change in substantial holding

Originally posted by needle: ↑

Lots more to go yet - associated with the fundraising.

I now understand the reason for not letting the price run - prior to the CR was because this overall concept was not understood, or advised to the company by consultants. In fact, (my view) - it should be an intuitive thing from management, without even the need for third part advice. Not at all complex or complicated.

Platinum Asset Mgment may have approached the company prior to confirmation of the actual CR, and release of results......seeking shares (low liquidity possibly). Once again,my experience - it is usual, if such a request is granted, more shares are allocated, but at a premium to current share price. Just a guess, but overall it may not have worked out the way Platinum had planned. (considering such a massive dilution).

----
Like me, they may be even less happy tonight, with this very recent news.... Here is the failed BBB PI3k drug
Buparlisib

back, with its new Chinese owners, spending probably US$75 m on a 483 person head and neck cancer trial.

https://clinicaltrials.gov/ct2/show/NCT04338399

Buparlisib has been studied comprehensively and does not cross the blood brain barrier and has major toxicity issues.... GDC 0084 has all 4 specific multiple different isoforms of the PI3K: the alpha, beta, delta, and gamma inhibition. Buparlisib does not offer the brain preventative measures afforded by only GDC 0084 in the whole sphere of PI3k cancer inhibition.

$110m a trial.....our whole company $38m.....investors here should be feeling sick with the performance of management here - I know, I am.

Expand

Needle,
Let the company know how you feel. I am a US based investor, and last week a friend of mine emailed the company about a few things. The first was why doesn't Kazia release a press release in the USA when there is announcement. (The company most recently did not issue a PR with Cantrixil update). The company response was to SAVE MONEY!! Rubbish
My buddy's response was why pay Edison for research reports that accomplish absolutely nothing?? Doesn't make sense.

I guess my point is let your feelings known to KZA management.

Climate change to drive market trends to the moon

RHI

Red Hill Minerals Signs $6.5 Million Agreement with Peel Mining to Explore Curnamona Project, NSW

ITM

Fast-track assaying yields 182 g/t gold for iTech at new NT play

Week 27 Wrap: "Election year" is here as UK Labour win contrasts France; Trump wins immunity & annual report season hushes ASX

KGL

KGL sniffs 19% Cu from drilling at Rockface play in NT

The Big Deal: Free-to-air TV swings the axe, but will it be enough as enormous sports deal bills loom?

STN

Saturn’s stars have aligned for the gold explorer’s Apollo Project

Has uranium run out of steam? An update on nuclear markets & developments ahead in FY25

LLL

Leo Lithium announces major divestment of flagship Goulamina project to Ganfeng

TVN

Needle,Let the company know how you feel. I am a US based...

Climate change to drive market trends to the moon

Red Hill Minerals Signs $6.5 Million Agreement with Peel Mining to Explore Curnamona Project, NSW

Fast-track assaying yields 182 g/t gold for iTech at new NT play

Week 27 Wrap: "Election year" is here as UK Labour win contrasts France; Trump wins immunity & annual report season hushes ASX

KGL sniffs 19% Cu from drilling at Rockface play in NT

The Big Deal: Free-to-air TV swings the axe, but will it be enough as enormous sports deal bills loom?

Saturn’s stars have aligned for the gold explorer’s Apollo Project

Has uranium run out of steam? An update on nuclear markets & developments ahead in FY25

Leo Lithium announces major divestment of flagship Goulamina project to Ganfeng

Tivan and EARTH AI gear up to commence fresh drilling at Sandover lead-silver project, NT

Featured News

Needle,Let the company know how you feel. I am a US based...

Top Stories

Climate change to drive market trends to the moon

Red Hill Minerals Signs $6.5 Million Agreement with Peel Mining to Explore Curnamona Project, NSW

Fast-track assaying yields 182 g/t gold for iTech at new NT play

Week 27 Wrap: "Election year" is here as UK Labour win contrasts France; Trump wins immunity & annual report season hushes ASX

KGL sniffs 19% Cu from drilling at Rockface play in NT

The Big Deal: Free-to-air TV swings the axe, but will it be enough as enormous sports deal bills loom?

Saturn’s stars have aligned for the gold explorer’s Apollo Project

Has uranium run out of steam? An update on nuclear markets & developments ahead in FY25

Leo Lithium announces major divestment of flagship Goulamina project to Ganfeng

Tivan and EARTH AI gear up to commence fresh drilling at Sandover lead-silver project, NT

Featured News