DJ, I do not know what to think or beleive anymore. Management have let us down in a big way. Who knows what is happening behind the scenes.
The management team has lost all credibility with their silence as far as I am concerned. THis stock went to $2.80 on a chance of success and now that it has commercialisation at its door it is under 10 cents. Go figure.
As I said in an earlier post David Young has gone deathly silent in the last two weeks. Probably just working out how they can save their options in the deal with PLT.
They are appealing the supreme court decision against the inventor in the patent matter but at what cost.
Another promising Australian biotech has suffered due to incompetent and greedy management.
These guys were looking for a $5 buyout only two years ago.
FER Price at posting:
9.7¢ Sentiment: None Disclosure: Held