How about an update?

It is nearly Christmas Everyone - so have you written your wish list yet?

I haven't, but wouldn't it be great to hear an update on how Bionomics' oncology asset sale process is going.

Wouldn't you like to know the level of interest, how many groups have made enquiries, where are they from, are the large and respectable pharma companies or just tyrekickers, some details on how far the discussions have progressed, how long the process will take and what happens if nobody actually wants to give us a "fair" price?

Wouldn't it be great to know that there is a cut-off date for offers that is not so distant that we will actually hear news well before next Christmas.

Surely to goodness, the company can elaborate on the process without divulging names or prices - simply information that actually helps to keep the market fully informed - which it clearly isn't.

If Directors are exercising Options, then clearly there is no news or no progress or nothing on the horizon.

One could be forgiven for thinking that the company has a policy designed to treat shareholders as mushrooms - fed on BS and kept in the dark - for their own good of course!

The company needs to stop being so precious and start treating shareholders like the owners of the company - rather than a nuisance.

Bionomics' shareholders are routinely treated like the minorities in News Corp or 2oth Century Fox!

At least Rupert Murdoch's family do own a big chunk of those companies......which is more than I can say for our Board and management....................

Have a great Christmas everyone and keep praying that Santa might turn the Bunsen burner up on the Bionomics Board and management.

THAT would be a great Christmas present - but only if it got them off the sidelines and into the real game of trying to make a buck every day and not just on some uneconomically ridiculous long term time frame.

If a project can'r deliver a decent return in a reasonable timeframe, then the project should not be pursued.......