SBN 0.00% 0.0¢ sun biomedical limited

quarterly, page-37

  1. 13,497 Posts.
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    I'm with Aj - in feeling the need to want to give up!!

    Irp - you are not talking to a bunch of toddlers here - or worry warts!

    We KNOW the risks. We have discussed them many times.

    The difference between most of us and punters like you and captain etc, is that we have INTEGRATED the risks into our personal strategies. That is, our worry-warting (if we had any - and most would have with events over the previous 6 months) is now behind us - maybe not the risks but our worrying about them.

    Speaking for myself, and perhaps quite a few others, I believe the risks will be largely eliminated if the rights issue is successful. The closer to full acceptance the better. In fact, if we get close to 100%, we will have enough cash to retire all debt, commercialise Oraline 8 and the new Visualine/Bioscreen products, do all the necessary FDA approvals work and still have enough working capital to last anmother year with the current burn rate. (Will that burn rate continue? I don't think so).

    So, in effect, Irp, we have moved on. Having integrated all the possible risks into our thinking, we are now LOOKING FORWARD to all the potential positives that clearly exist (while, of course, still being cautious).

    Its a bit like fat people or smokers or whatever. They know the health risks involved in their lifestyles but they would be bloody well p1ssed off if they were reminded of them every day.
 
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