You have got to feel for the new CEO. She really has been left with a bit of a dumpster fire.
Taking a look at the announcements that have come out since she got on board, she is dealing with the mess that JF has created over the past 5 years.
In hindsight it is pretty fair to say that Condoms, VIVAGEL and VIRALEZE have been catastrophic failures for SPL. Not only have all products failed to generate any kind of meaningful revenue, but they have all shown that the companies management is incompetent at not only gaining regulatory approvals, but also in signing any license deals that are beneficial to SPL.
It is pretty sad to see that the best revenue to date for any of these products was when the deal with Mundipharma was cancelled and we received a payout.......... Since this payout, there has been no deals signed to replace the Mundipharma deal...... that is 7 months and counting...
Tough start for the new CEO
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Last
11.5¢ |
Change
-0.005(4.17%) |
Mkt cap ! $47.38M | |||
| Open | High | Low | Value | Volume |
| 11.5¢ | 11.8¢ | 11.5¢ | $13.46K | 116.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 12 | 374820 | 11.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 12.0¢ | 13759 | 3 |
View Market Depth
| Last trade - 16.10pm 16/05/2024 (20 minute delay) ? |
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Last
11.5¢ |
Change
-0.005 ( 4.17 %) |
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| Open | High | Low | Volume | ||
| 11.5¢ | 12.0¢ | 11.5¢ | 399474 | ||
| Last updated 14.56pm 16/05/2024 ? | |||||
| SPL (ASX) Chart |