ALA 4.00% 13.0¢ arovella therapeutics limited

Nice to have further interest in the tech, but not really sure...

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    Nice to have further interest in the tech, but not really sure it fits in with Hopper's substantial transactions and big pharma focus, as highlighted in his Chairman's letter from the Annual Report - to that end it is disappointing that the company is still pursuing these fringe situations...yes they are fully funded but that doesn't mean there isn't a non-monetary cost to committing other SUD resources (eg staff, time) toward the study.

    Chairman's Letter 24 September 2019:

    "However, whilst these agreements confirm the attractiveness of SUDA’s technology, it is clear that market expectations are seeking more substantial transactions, and to that end the Company has been devoting time and resources towards Big Pharma in pursuit of larger deals. As a result, a number of discussions are underway."
 
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