Morning All22 Apr 2019 07:18
Well, I wasn"t going to miss today!! A beautiful red sky this morning above the sun rise, bodes well.
Deadly Avenger, just noticed your 21.04, talking about your recent comments of lack of updates to shareholders, and yes from time to time we have heard the same from many, and what upsets me is the many we never heard from as they sold down/out their stakes as a direct result I think of the same thing.
It must be about two years ago now, after we received a spate of news towards the end of RGs reign about collaborations with a few, which showed me at the time when RG was getting a lot of stick just how long events can take before being subject to RNS news. I felt with CH taking over it would herald in a new beginning for us, and we all probably remember his reference to short term news to come, or whatever the words were, I got accused of ramping either way, lol and in the absence of that news about July/August I was screaming murder that we were still waiting for this important news a few months on.
Seven years back, we would often joke that it was Scancells way not to just bombard us with meaningless news, and well before i started many had complained of it. Correct me if i am wrong but did not CH apologise at the AGM for the words he used after we received no news, whether it was imminantly short term or even very short term.
At the last AGM which i couldn"t attend there was much discussion about the very same subject, I remember Ivy Spivey leading the mounting frustration which sounded like a call to arms for what could of been a messy AGM. I was just hoping the subject of a seeming lack of news/or just lack of news would feature highly in the Q & As, was looking forward to an update on that and other issues which IMHO we didn"t get, compared to the years before, and it is easy to say that since the AGM we have lost many shareholders more, hence the current price of 5.15
So i agreed with you when you brought it up, a few other holders i respect did too.
So Chester, added to your rather short list i will be trying to discuss this issue on Thursday, time permitting, and for any of us used to these meets time is hard to get. You have both prompted me to sit down today and pen a rather detailed e-mail to CH and BOD about this issue, something I haven"t done for a while, but is so important.
None of us want to hear nonsense RNSs, and I cringed at one (for example only) issued by the VAL BOD last week to let shareholders know that Hardman Research had done an updated piece on them. We have had that on many occasions (would we want or need that RNSed?) it just made me feel if thats the best news they can empart then a placing is due Tuesday morning, IMHO.
We understand deals have to run a long course, but we really should be better at communicating to us on clinical development, good discoveries etc, that hold our interest better than has been done.