wdp - just a point on Berlin Pharma.
if we were not locked in to the paying of the administrator here SUD would no longer exist.
You may recall out funding opportunities had dried up and with the size of the claim against Suda being greater than any CR could have met we only had one choice and that was to negotiate a smaller settlement around accept this or we go under and you get nothing.
As annoying or unfortunate as it is, it is simply a price that has had to be paid just to survive.
In truth, if the ASX really had shareholders best interests in mind we would have landed a deal that was well above our size and the share price would be multiples of the current level and all would be happy. Ironically it was exactly because of this punching above our weight that the ASX said no.
That was only made a possibility by the contacts PH and hard work of MB and it is prudent that we all acknowledge and remember this as it shows just what is possible.
Clyde
- Forums
- ASX - By Stock
- The Sanofi Deal
wdp - just a point on Berlin Pharma.if we were not locked in to...
-
- There are more pages in this discussion • 23 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add ALA (ASX) to my watchlist
|
|||||
Last
15.3¢ |
Change
-0.003(1.61%) |
Mkt cap ! $160.3M |
Open | High | Low | Value | Volume |
15.5¢ | 15.5¢ | 15.0¢ | $82.79K | 539.5K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 18124 | 15.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
15.5¢ | 108897 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 18124 | 0.150 |
11 | 969094 | 0.145 |
6 | 527682 | 0.140 |
8 | 297411 | 0.135 |
9 | 608354 | 0.130 |
Price($) | Vol. | No. |
---|---|---|
0.155 | 108897 | 1 |
0.160 | 1719317 | 10 |
0.165 | 322812 | 1 |
0.170 | 327224 | 4 |
0.175 | 325336 | 4 |
Last trade - 15.46pm 12/07/2024 (20 minute delay) ? |
Featured News
SKS
SKS Technologies wins US$90M award to supply power to international hyperscale data centre in Melbourne
FWD
Queensland's housing crisis an opportunity for ASX builder Fleetwood – and taxpayer cash a safe harbour from the storm
ALA (ASX) Chart |