PAR 7.50% 21.5¢ paradigm biopharmaceuticals limited..

Where we at?, page-625

  1. 5 Posts.
    lightbulb Created with Sketch. 3

    This is a fair read of the situation but why was 51 Capital hired then? It takes less than 3 months to close a deal/ raise so they should have completed their work by now.
    .
    If, as some are speculating, no deal/ raise will be done before FDA response why were they engaged at all. That is what I would ask the Board.
    .
    Personally, I would prefer my funds invested were spent on operating activities rather than diverted to compensate other holders for their losses by giving them board seat fees and monthly advisory fees.
    .
    Just my thoughts...
 
watchlist Created with Sketch. Add PAR (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.