IBX 0.00% 7.0¢ imagion biosystems limited

Interesting, page-4239

  1. 2,755 Posts.
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    Frankly... management completely underestimated the time involved in the screening/recruitment process and acted
    with total complacency by operating just the one site 'Monash Health' for the most part.
    This "one site only" operation adversely affected their prospects of recruitment. Now with 'Austin Health' recently on
    board and soon to be announced a 'Third Site' to join the existing two, the results in the short term are considered to
    be far more encouraging.

    That's the reason why we are where we are today. It's not a tech failure or anything of the sort, therefore, any statement
    of that nature is totally devoid of context and it's just drawing tenuous linkages to same.
    Despite all the early talk of multiple sites being established early, for whatever reason, this was overlooked by
    management and has had an adverse effect on our current share price, however, with meaningful corrections
    and steps to fix this wrong I believe we're now in a far better place with this 'one site only' situation now addressed,
    but each investor will make his own evaluation and judgment.

    All IMO.


    Last edited by spikeup: 05/05/21
 
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