RE: Could Christina’s title be a clue?27 Jan 2024 16:36
Hi Penny
I thought the same when she was was given the new title, why was she not made the CMO or similar type roll.
Why did she become just the head of r&d, Is it because avacta is in the process of being taken over by a very large pharma that already has these people in place and are starting to pull strings.
I sold my business five years ago and for six months, whilst DD was going on I was under strict NDAs
Not one of my staff (other than my Pa) knew what was going on until the contract had been signed. I had to keep completely silent on the matter. Which wasn’t easy.
This brings me back to the “funding? Don’t worry about that “message and AS saying that’s as far as he can go with reassuring shareholders.
Some of my staff at the time had worries as they could sense something wasn’t right and all I could do was assure them everything would be fine because I knew where the company was going.
When I sold, I stayed with the company to help them through a transition period, I lost my director status and just became a manager.
Now I know all situations are different and my company wasn’t anything to do with pharma or on any kind of scale like this is but, I do look at it from a position that I have been in myself and do see similarities.