WFL 0.00% 0.3¢ wellfully limited

Xmas Day launch on Amazon USA, page-272

  1. 493 Posts.
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    By OBJ I mean the Board and Executive.
    For 1. 100% agree. Although most of it is uninformed dribble. I don't know what the Board members do, hence my comment.
    For 2. Good.
    For 3. I hope so. because it's easy to burn cash. My concern is that this is where a lot of the historic expertise is... so it must be very tempting to keep looking for the next breakthrough and not focus so much on the difficult commercialisation part. Fund Managers will take some convincing. The Board (and Executive?) refresh could be a good step.
    For 4. I've been impressed to date with their cash management all things considered. I don't know what approach new Board Members will take? this is a risk.
    For 5. What I mean is they 'the Board' and 'Executive Team' need to engage experts. If they are sitting there thinking they know all there is to know... we are in the sh$t. Every Board I've ever been a part of engages experts who specialise in specific areas. As painful as it is from a $ perspective sometimes consultants (and their networks) have useful advice/contacts that help avoid costly mistakes.
 
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