Not at all
@Banastas, just for the criticism to reflect the broader context, up to date announcements, and fact (and despite the assertion of 'fact', quite a lot of what was said in response to my recent post was either opinion or irrelevant).
Some seem to be so eager to rubbish management decisions that they neglect to read announcements in full before penning their next thrilling installment in the ongoing saga of "
PharmAust BOD - They're hopeless and I'd be so much better."
I spent sufficient effort ventilating my views about this nonsense in a recent post - go and read it properly. It was prompted by the latest chaper in said saga, entitled "
Aha! See, they haven't even told us..." which (if you bothered to read the announcement it was rubbishing) was absolute twaddle. The very recent post is similarly loaded with inflammatory language, like '
bs', 'stringing along' and
'claimed that they were in weekly contact' - for goodness sake, are people actually suggesting the we're being deliberately lied to? If so, I'll put you in touch with ASIC or perhaps you can initiate a class action.
Sh1t happens and, in a global pandemic, you can have an extra dollop.
We were told in Monday's announcement that manufacturing was now expected to be completed this week. It's only Tuesday, yet we're being treated to a sneak peek of the upcoming chapter. How about we wait to see what the remaining three-fifths of the work week brings? As I've stated recently, some things related to outsourced services are being disrupted in ways that are beyond management's control. Would anyone seriously prefer that management
not convey the latest guidance they've been given by suppliers, just in case it turns out to be wrong?
If you take the time to look back through my posts, I've also been critical of management when I thought it justified - particularly in relation to (IMO) sometimes inadequate and untimely communications. However, I also email the company to ask questions, which they have always been responsive to. What I don't do, however, is assemble a grab bag of grievances based on superseded information and misrepresentations of announcements that conveniently ignore recent updates, explanations and inforation provided by management (at least to those who attended the virtual Q&A sessions and fully read and comprehend ASX anouncements), all wrapped in a heaping serve of emotive tosh and utter irrelevancies.
Unfortunately, this appears to be the default - or only - position some are capable of adopting. All I'm suggesting is some greater objectivity, perspective and fact-based dialogue that contributes to the collective knowledge bank. Quite frankly, my ears are bleeding from the banging of that same old tired drum. Indeed, I expect it's the only beat some people know and they'd still be playing it if we were trading at $1.
Second rant for the week.
Cheers
Densy
(20min delay)