Hi Beaza79, I agree with Edski1. In my opinion too much short term information can lead to a "Forest for the Trees" effect. I think you start reacting to short term information that may or may not have a bearing on the end game. The marjority of information discussed by the Director is in relation to general Cancer research relating to the fields they are playing in. If something was going to move the shareprice then it would need to be disclosed to the market. Directors have a vested interest in the stock they represent, they are not impartial and have a skewed perspective on their stock (from memory I think he said he was 90% invested). I have read the comments of the director and find them informative and in the extremly complex world of Cancer are benificial to stearing the followers in the right direction. However...
In todays world of corporate governance and litigation, as a chairperson of a publicly listed company (or even shareholder) would I want one of my Directors answering questions / queries on a social media platform? One slip up and a class action may not be too far away which potentially puts all shareholders money at risk. I wonder if they have checked the Directors Liability Insurance to see if posting on social media is covered should he slip up? One glass of red too many and whoops cant take it back.
I much prefer the recent PAR Development day that gave us everyone a very clear roadmap ahead and now we leave them to get on with what we pay them to do, implement the strategy and .... show me the money....
Poolboy
PAR Price at posting:
$2.28 Sentiment: Buy Disclosure: Held
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