insolvency, page-4

Jimcrossd

Welcome to the GBI thread...I'm always up for a bit of sport....I was going to address your post point by point but I see my learned friend Red has done a pretty good job so not much point flogging a dead horse.

One thing that Red forgot to mention is that you should look at the GBI top 10-20 shareholders...all of fairly good pedigree and GBI only has 400 odd holders (very tight register...bit of a close knit family but in a public company structure).

I understand that Australian Ethical Investments (the group that lead the recent fund raising) has exposures to other ASX listed biotechs/healthcare and these are

1. Cochlear
2. CSL
3. Sigma
4. Fisher & Paykel
5. Pharmaxis
6. Primary Healthcare
7. Sonic Healthcare

http://www.austethical.com.au/ethical_investment/ethical_company_profiles2

As you can see GBI is in fairly good company so I doubt insolvency is on the cards at the moment...unlike some other cervical cancer focussed ASX listed companies we know of.

You will also find shareholders such as WEHI and nominee shareholders such as ANZ, NAB and UBS.

Best of luck and please come back and visit soon.