1AI 0.00% 0.7¢ algorae pharmaceuticals limited

Ann: NEW 2022 Annual General Meeting Date, page-18

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  1. 864 Posts.
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    As a shareholder that happens to have Parkinson’s, may I indulge….

    The pet project for LCT may well be beneficial to this world, so I’m keen to see what can come of it.However, this is also a business that needs to add potential shareholder value.

    Sadly, people here have mentioned that they bought in at 35c years ago so have got a long way to go to get their money back. I just can’t see management in the current situation being able to capitalize any time soon and will vote accordingly.

    Looking at the top 20, current management haven’t exactly put their money where their mouth is. The financials appear as though these guys can just continue to draw a healthy wage, regardless of outcomes. Those outcomes over the years have been mediocre.

    I’m sure they were trying their best, but my Parkinson’s won’t wait forever so it’s time LCT got a prod.Good luck to all old and new investors. Let us hope for positive results moving forward.
 
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