Looks like half of the thread is doing a victory lap and the other half are on a psychotic break... There is next to nothing new in the letter that wasn't already clear and discussed in the webinar? You'd think we were in administration already if you just read this thread.
In saying that I do think the attempt to reset the SH relationship in itself is interesting, particularly in the context of: - Taking on short term funding at the start of the year - Cutting it this fine to raise more funds - PH putting his house on the market after only 3yrs (potentially tidying up the Macquarie loan in the process) - Multiple mentions of Her-vaxx licensing discussions occurring in recent comms - Multiple mentions of consolidation in recent comms - Increasing R&D cash burn and moving to significantly expand Azercell trial sites
For whatever reason they seem to be accelerating towards the cliff. I tend to think they're not completely blind.
The only reasons they need retail SH onside are for their votes or their capital. I think we're about to see something or somethings big in the next 3ish months, it's probably going to be necessary but somewhat unfavorable to existing SH.
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