CPG,Shareholders should not be surprised by idiotic decisions....

CPG,
Shareholders should not be surprised by idiotic decisions. The only surprise will be if Peter Cook and his mates resign but the chances of that happenning is as rare and delightful as a colony of white ants committing suicide.

With end of the buyback let's get an update of Peter Cook's brilliance for wealth creation.

9,166,734 shares bought back for $7,952,563.65 With the end of Peter Cook’s shopping spree, the market had valued the 9,166,734 shares at $0.55 = $5,041,703.70 delivering shareholders an instant loss of $2,910,860.

Well done, Peter Cook – the 07/08 report shows him owning 141,200 shares and 713,572. Take a guess how Peter Cook acquired his interest as shareholders will be asked to reward him with 976,300 free options in the coming AGM!

Perhaps others may like to enlighten us on this – is there any obligation for Biota to report changes to Executives’ interests in the company? I have yet to see any announcement on changes to Peter Cook’s shares and free options as and when he was showered with these rewards (other than in the company financial reports).