RE: Lindy is a problem14 Jul 2023 09:45
The only thing I would add is Lindy does need to learn that as a CEO she should take her time when answering questions relating to business. She clearly has unquestionable knowledge about the science. Not only this she is an established lecturer that has developed a rare talent for explaining complex subject matter in a way that even I can understand! She reminds me very much of Prof Brian Cox who is equally impressive in a different scientific field.
Sometimes I get the impression that as she is so used to answering science questions that she feels she should answer business question just as readily. I think anybody that has been an executive officer or business owner, understands that at least some subjects should be dealt with in a considered way. Judgement is key. Such as potential fundraise and timelines. Afterall, these are not only the most comminly asked questions, but they can have significant positive or negative share price impact.
When asked if a fundraise is coming she should simply have answered no, which, would have been true. There was no need to explain when one might be needed in the future!
When explaining the refocus to Scope and Modi, was it really neccessary to explian/underline the long time lines? As I now understand it, we wait 2 years and then go to phase 3. This could take 5 years. The consequence of this may have cut the legs from under any shre price appreciation for a long time.
Crumbs I get it. Like you, I am holding long and strong. Adding a few as I go no wonder.