On what planet can a publicly listed company make a market sensitive announcement about an advanced development for one of its products in a market targeting 1.3 billion people, but then nothing happens….?
Not a finalisation of a deal.
Not an update.
No announcement 1 year and 4 months later admitting that it’s not happening.
Apparently you can do this on planet Starpharma where 17 year CEO Fairley is essentially unaccountable.
This is just wrong, shameful and unacceptable and I hope that ASIC and the ASX take some action.
U N A C C E P T A B L E
AND
S H A M E F U L
11th June 2021
Market sensitive ASX release:
-discussions to finalise local distribution arrangements with potential commercial partners into both the private (consumer) and Government markets are well advanced
- commercial discussions with commercial partners in India for distribution into both the private (consumer) and Government markets are well advanced
-Starpharma is also progressing discussions for B2B sales with a number of companies in India
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