RE: WaffAL11 Apr 2024 08:47
My point was @Bella
he doesn't give a crap about shareholders. IT's just fluff. He uses the same language every time "shareholder value" - what a load of tosh. I'd have a bit more respect for him if he cancelled those options from last year. He never commits to anything, keeps bringing up "NASDAQ Listing". He'd never last in Nasdaq - you have to perform and the II's in the USA know what to expect from biotechs, fluff and BS is not it. To move to Nasdaq, the board need to be upgraded and that includes shumper boy.
The Avacta tech is just brilliant, the board is most definitely not.
And when you say "why do you think companies list" - well, they are supposed to go up in value and raise along the way. Not divide by three and raise at the lowest point.
They clearly thought they had somnething in the mix for funding but never occurred to them that it may fail? What kind of CEO has no backup plan? - a crap one!
What kind of CEO has an offer of funding at 125p that would have had less dilution and more money in the bank, but doesn't engage with the source...you can make your own mind up there.
But if you're in the Al fanclub, you're like a Turkey calling for Christmas. Avacta needs a proper CEO and CFO, possibly Chairman whilst your at it.