Form 4245b (placing?)2 Sep 2023 00:15
Are we (long term holders) about to get shafted again with a placing?
WOW
Just F*cking wow.
I have been here for 3+ years now and seen it all with this company. The $57m placing they had previously seems to have been squandered with FMAB hardly any further along.
I would love to investigate the accounts of Tiziana and see how much money is spent on flights etc. I personally feel that it could be some members of the BOD (1 in particular), using the business and different locations as justifiable reasons to suck money out as a lifestyle company.
Free business/first class flights to London and USA and back home again as long as there’s a “meeting”.
How the hell have they burned so much money.
The covid trials never fully happened, they have repurposed foralumab and the companies goal about 3 times since I’ve been a shareholder.
It’s just getting ridiculous now, I know biotech has had a real kicking since covid but this just takes the biscuit.
Unless I’ve read something wrong here (brief read) or some huge news is due on Monday, I am absolutely exasperated