Well that's that then. Lets pack up our toys and go home. Why did I ever invest in any bio-tech one wonders, let alone indeed MSB.
Oh Plodge! What absolute cattle scat. You spent years, clumsily, if not without some basis, criticising Silviu on MSB threads and now he is your polished hero and authority on the difficulties/probabilities of regulatory approval in bio-tech. What a crock of'. (you really must be a little less lazy in your attempts at FUD on CYP)
Actually, depending on your time scales, etc, around 10-20% of companies are successful and its a very dynamic rate, tending to improvement in the modern era:
SI is talking out of his lower gastrointestinal tract. He is trying to vindicate the billion dollars he and MSB went through in getting there by talking up the odds against him. The hundreds of of millions of Mum's and Dad's investments that often got wasted to some degree, in some poor strategy and management on SI's part - and indeed some of the $80 million at CYP under Ross MacDonald. That's the beauty of accounting and balance sheets. Hard to hide that stuff:
Did your afterschool extra tutor never to tell young Plodge to treat statements of fact from interested parties with some skepticism.
You really do spend so much time and effort trying to (poorly) sow FUD on CYP, who doesn't need the immense capital of investors Silviu did, because so many other entities are will to fund and invest in it, per the presentation released today, that you (yawn) so feebly try to mock:
(for others I have been a long-term - and always growing on the dips and often reducing on the spikes - investor of MSB, who has a little more objectivity on the reality of SI's ability over the years...and whilst his management of MSB's regulatory pathways has at times been questionable, his ability in raising capital on the ASX second to none)
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