PAA 7.89% 20.5¢ pharmaust limited

Hi All, A great discussion today. Thanks for the update @Densy....

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  1. 2,658 Posts.
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    Hi All,
    A great discussion today. Thanks for the update @Densy. I appreciate the difficulties in revealing all you know, it appears to me there was a difference of opinion between the old board and the CEO in direction or strategy. It would be helpful I think if someone would confirm that, the details are not really important, but it would help put things behind us so we can all let it go.

    As @adreamer pointed out, the current board was announced yesterday, lets allow a little time for them to confer and agree on where they want to take the company, discuss with the MD ect and generally settle in. My view is that a road block has been removed and they will consider all points in line with their beliefs, to do what they consider best for all share holders. I have met Sam and had contact with him on multiple occasions he has always impressed me with his straight attitude. He is obviously in an influential position at the moment with his casting vote as interim chair, but he is a professional with a lot of skin in the game. The Question of Chairman and eventual permanent appointment will be crucial, my hope is it is someone with scientific knowledge, it always concerned me that RA was the only scientist on the board in the past.

    Have a great weekend, more news next week.


    Cheers
 
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