ALA 7.69% 18.0¢ arovella therapeutics limited

Why is Carter in the US, page-45

  1. 2,755 Posts.
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    CBD, in all fairness, if guidance isn’t met shortly, the tiny window of opportunity needs to be taken whilst there is still some money and possibly milestone payments coming. To just tolerate the status quo will only lead to the same outcome which is possibly a further decline and no return whatsoever. My investment has been reduced to next to nothing as have lots of others. The direction to date has failed in my opinion and is in need of a fresh approach. I’d rather pay $350k and a sht load of options to have a chance at someone with a fresh approach. Surely you must have serious concerns as the rock and a hard place deal for the convertible notes hardly seemed like you had a choice to make a balanced decision. Maybe I’ll put it to you this way, if you didn’t hold the notes, would you tip in the equivalent in fresh money knowing the risk to date with little or no certainty for the future???
 
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