RE: should i worry?21 Dec 2018 08:27
No...its a time to complain to the bod.
Anyway, thanks to krone and searle for posting from the other board.
Well, theres a lot you could say about that but theres one thing thats glaringly obvious to me.
Given srra's feb update and the end of phase one, it looked a stick on for a milestone this year (at that point)....now at this point, our bod is very uncertain.
So, we know cash is going to be tight and they need to get tyk2 advancing quickly.
As such, theres only one thing for it...salaries are suspended and the amounts are issued in shares each month at the prevailing mid....this will give the bod real skin in the game if they really believe?
Shareholders have seen the value of their investment go down and i have taken a haircut.
The bod have done very well out of sar for years...time they take a little pain also.
Join us bod....this is the fastest and easiest way of preserving cash and no-one need suffer if we do the business, might even be a good earner for the bod!