BNO 0.00% 1.0¢ bionomics limited

What a surprise - Cr, page-2

  1. 2,411 Posts.
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    The key part of this is the EGM at which the shareholders might (if they have any sense):

    Reject the increase in board salaries from $500K to $750K and instead reduce the salaries of exisiting directors to fund further obligations.

    Reject the warrants agreement at $0.06 and set it to a point which BNC210 might reasonably achieve if successful. This is VERY VERY important. My guess is would be around $0.50 which was below the value at which BNC 210 was valued before Deborah left in disgrace.
    Last edited by joohnno: 02/06/20
 
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