For how long will the failure to find a partner for AI be blamed for current situation??
This is no longer funded nor has been for 2 years plus, and been effectively disinvested! , Code Red was supposed to be the new beginning, restructuring to be commenced, costs to be put under microscope, and a CR to fund new products and expand existing, btw, the CR that wasn’t suppose to happen.
Sp was at what level??, I would say at a sufficient level that the sp had reached 40 cents or so, sentiment good, sp settling down to mid twenties and now!!
On record as saying WP may have been out of his dept, far from stupid, and with a solid background. What went wrong??, that not possible to see and handle future problems effectively means that no RI would ever invest in any spec company, ever! ..... why did we stay invested?, reasonable expectancy that WP had the experience to handle these future problems, that a ‘turnaround’ was in progress, may have even heard of the word ‘bankable’ used.
Thats all history, point from above is that the buck stops at the top, that means accountability to say ‘it happened under my watch’ NOT ‘it’s not my fault’, bad luck for RIs.
Not over yet, hopefully a lot has been learnt from the past and that Admedus can move forward and RIs see sp appreciation.
AHZ Price at posting:
6.0¢ Sentiment: Hold Disclosure: Held
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