fyp you are entitled to your view of course, but there are other...

fyp you are entitled to your view of course, but there are other ways to look at it.

For a start, it is a mistake to lump everyone that voted down the resolutions together. To characterise 60% of the registry stale and aggrieved is inaccurate and unfair - most of them supported the last two capital raisings, so there's that.

There are a wide spectrum of opinions on the way SUDA has been and is being run - from those that see the absolute worse in every development (or non-development) and every media release (or non-release) - Buckland knows who I'm referring to - to those with blind optimism

And most are in the middle

It might be dumb, as you suggest, to take out their frustration on the new management - but who is doing that? From my reading the majority are highly supportive of the new board and optimistic about what it can achieve, they are just looking for tangible evidence of success or progress.

The board are very tight-lipped now on any progress - or information at all - and they can only partially justify this by pleading commercial in confidence and how can that not inevitably wear thin?

To suggest that 60% of the registry should have sold and moved on is a bit odd - as I mentioned, most of them supported the last two cap raisings. Imagine what your investment would look like if 60% of the registry bailed? As for whingeing, shareholders are entitled to vote however they wish and most of that vote does not post on Hot Copper so I don't think you are across the scale of the issue.

I agree with you completely about the ASX - they are arrogant and lack accountability and not enough was said about this at the time we lost that deal. I think everyone was shell-shocked and thought it would somehow come good.

Management *was* disappointing here and should have somehow got it's shareholders involved in the floating of Chimeric. SUDA was certainly involved in furthering the commercialistion of the CAR-T licence in Australia and we should have got *something* out of it.

Shareholders were not involved in the Chimeric capital pre raise and aren't involved in the float, so management could have done more there. If they could not have done more, they could have said so

You say that Hopper, Baker and co continue to sift for assets and "undoubtedly" will find some. I hope you are right and I'm sure they're doing their best, but Paul came on board because he believed SUDA had "nuggets" and not much has happened in that regard. The only development has been the TGA thing which was Steve Carter's baby.

So around 60% voted against Res 1,8 & 9 and, from what I know, it wasn't a "SO THERE!" kind of thing, but done with hope, respect and, it has to be said, some regret.