1AI 0.00% 0.7¢ algorae pharmaceuticals limited

Simple if the company was singing along,with regular updates and...

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  1. 12,427 Posts.
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    Simple if the company was singing along,with regular updates and not keeping shareholders in the dark and not answering correspondence , not fixing any dates to anything ,,there would be no room for a Mutiny...

    If you look at ACW as an example,, low dose failure ,, kept shareholders informed ,, rapidly moved forward with a higher dose across more patients ,, SP collapsed like LCT but constant shareholder and Market updates kept interest and when the higher dose results came through SP recovered ,, all in under 4 months??

    LCT, hibernated, had too small a group in the first place .. have never admitted any fault..and then sold a JV valued at $25m for $3m which seemed like a wage grab... LCT have been in existence over 20 years and have not commercialised a single treatment or product... so have shown their true colours ,,, which does seem to be Research Institute,,, their History is their enemy..... with out change , the company would struggle to raise any more doe.... same old same just doesn't cut it any longer... a commercial Director would place a dollar amount on earnings ,, if none of the current Tech looks like returning real income that benefits Shareholders ,, they can fold it all up in a nice package ,,if anything LCT has of value it can be sold....

    Silence is not a strategy for a publicly listed company that relies on SH funds for survival...

    Now the Lab is closed,,,seems a waste,,,, But what has happened to the Pigs??? another group of Pigs exist in MN Now, Amish are breeding them?
    always thought LCT could have utilised the pigs for alternate company product testing?
 
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