" I just feel the Company is being run down deliberately by Management ... Staff reduction, Cash now depleted ,, short of a table cloth being set someone is coming to dinner ,,, NZT "
I don't think the company has been run down deliberately ...... I mean Hopper owns a bucketload of the stock ....most people /potential buyers etc ...think Biotec is on the nose at the moment ...and I reckon most dont have the foggiest about the possible value proposition that the current activity could run too .
So given the environment ..I'm thinking the people with the big cheque books are gunna want a to drive a hard bargain ....
For example - go see how readily u can prize 10-20 mill out of some one in this environment
LOL ( Not that I've any practice in doing so )
Hopefully the placement will get set ...a few will scream & moan etc etc ..... nut regardless of the price ...it will facilitate the continued
pursuit of the Trials ...and the end game .
I reckon Rebecca would be working pretty hard on a number of fronts ....
She seems like the right person ....
I've got a few shares as well ...and happy to let things play out
Sit tight ...buckle up and enjoy the ride
LOL
CHM Price at posting:
1.8¢ Sentiment: Buy Disclosure: Held
(20min delay)