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16:05
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Originally posted by brrrattt:
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I may come across as angry to you because the pump crowd over here are continually praising these guys like they are gods. They've got some property guy corner stoning each raise, Meanwhile they've only managed to get their asset(s) to beginning a ph1 trial. There's a looooooooooooooooonnnnng way to go, the CEO has applied for ZERO shares in this recent CR to add to his already large amount of shares, being NIL. Meanwhile, soggy retail support has allowed the "underwriters" their share in the CR, while helping themselves to a 6% underwriting fee (discount), so they got to take care of their rich mates. This company has manufactured some kind of credibility here judging from the posts, however no amount of me trying to see the positive spin has swayed my judgement that this is a lifestyle company of the most expensive order, of which in ASX biotech, there are MANY (unfortunately). So yes, THAT makes me angry.
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your posts would go a lot further if you stopped the lies. You say they are only at the beginning of a phase 1. While the fact is they are preparing for a phase 3
(20min delay)