Spot on LeroyIf big pharma was interested enough and truly...

Spot on Leroy

If big pharma was interested enough and truly believed this is a "blockbuster" opportunity then there would be an offer but there has not been one.

Paul needs to communicate better with his shareholders to inform us what is happening behind the scenes, even if he is not obliged to do so. People will always think the worst in these situations and the silence coming from the exec team decreases confidence further.

How can anyone have a crack at other shareholders who are bringing up legitimate and logical concerns to this forum? How can you not have doubts now? Consider the following:

1) MPS deal - What is the status of this and why hasn't a deal been done yet after we have continually been told that this will happen?
2) Costing of our Phase 3 trials - What business would push forward with the biggest expense in its history without a detailed budget and cashflow? The silence we hear regarding this is just saying hey it too hard to do the budget. No business with an independent board and Chairman would accept this.
3) Regional OA licence - Been told this is in the works for over a year but once again a deal cannot and hasn't been done.
4) PR being CEO and chairman of two companies. Directly told that this will be for no longer than 3 months more than a year ago. Surely an update is required.
5) Marco leaving - Not properly explained. If he did get a deal done, why not tell the market. At least we would know someone is interested.
6) Chikungunya US military deal and Ross River virus deal in Australia,

Yes the science is good but we are constantly told nonsense by PR. None of the above has happened and/or the status of these has not been communicated to shareholders.

The science is good but there is alot lacking.