George Frangeskides, Chairman at ALBA, explains why the Pilbara Lithium option ‘was too good to miss’. Watch the video here.
My comments are mainly about Owen and Parker have we ever had clarity on WHO s idea it was to consolidate and WHO got PH involved if we were able to get HNWI onboard why have we since not been able too ?I’m sure if we got more HNWI like last time the SP would not of dropped and showed we are an attractive investment without having to pay extra costs and even have to possibly give extra shares away if they do not recover the money which at the present rate does not look promising GLA
It’s called sarcasm and a bit of red I’m colour blind but I think there’s been a lot more red than blue currently 7pc down . I also invested again after the AGM is it a case of silly me or all comes up trumps but I take it you’re happy with the decline ? I guess just a look at the charts over a 6 month period will tell you there been no uplift 737 been going on way too long now but if if did come off great we’re all in it to make money and as I’ve mentioned before 10 years up the line from when we were 2p a share to being 1.4 p a share now and in clinic with a ph2 drug and another in ph1a you tell me where the companies going wrong .I await the replies to the Q&A as im sure most were not answered and at the end of the presentation they looked like they were even trying to get out of face to face AGM to stop awkward questions to be answered if nothing has improved like I say
GLA
Consolidate to be get big investors interested and another brokers on board to do sweet FA for the company ? Wait a minute silly me we ve done that and I was dreaming we went from over 350 to 72.If big investors thought we could get a deal on 737 they would of piled in guess it’s not happening and with news on 1801 not due to end of this year looks like a steady decline If anyone has proof to the contrary please put up
GLA
Luckily we have PH that’s seen our rise sorry demise from 350 to 70 a great achievement I’m sure you ll all agree,on a negative plus side if our money is dropping imagine Tim and johns millions to just the hundreds of thousands now and how they must feel unless they are very confident of the future .I also wonder if they ve had a sly try of 1801 to see how it works
GLA
The Company is focused on developing next generation small molecules which modify the activity of the JAK kinase family and have best-in-class potential. Its lead candidate, SDC-1801, simultaneously inhibits TYK2 and JAK1. SDC-1801 is a potential treatment for a range of autoimmune diseases and has entered Phase 1a/b clinical development with an initial focus on psoriasis.
Apologies was in RNS would not want to mislead as per one of my earlier rants
GLA
Laz it’s not an argument like I’ve said many a time I’ve been invested over 10 years and to see the SP lower is a disgrace considering where we are to back then
Decisions taken financially have failed imho people will look at SAR and probably not engage with the Sh@te that comes out of Parker’s mouth where are the investors due to consolidation
How many are still cueing up
So no not happy with all the BOD
Tim and John great job the handling by the others not so
GLA
Laz maybe you should look at why your invested the idea is to make money is it not ?? Or just because I don’t conform with the 100 percent gang anymore and let’s guess your going to top up again at these great prices yes my question has gone in about Parker and Owens is a a share not meant to go up with the potential not down ?
Parker needs to go seems the normal service of bla bla bla will happen and are they all going to act like school boys again to dupe investors
737 joke
1802 are they falling asleep 💤 over what to do and how long is it taking they also said about cost cutting if they didn’t have enough money to get to the end
Where has best in class gone ????
Investor value joke
Hope some serious questions have been submitted for no doubt the get out of jail card if we carnt say anything b@locks not a good RNS at all
GLA
I’d agree Potnak the only way out would be a T/O of the company which if 1801 does well and 1802 is of the same stamp should give us a decent price also the pipe line we have as a company which is yet to be moved forward and the elusive 737 I would be happy with 8 to 10 pounds a share 700m for everything we have would be a good price and small change for a big pharma
GLA
Afham I agree but maybe we also need an additional scientist on board to keep the other projects moving and SOG does 1802 still need to be put forward for tox studies first , I also believe imho that we should stay with any trials in Australia no messing around properly staffed and willing to go forward asap with plenty of volunteers as they say time is money
GLA
Will be interesting to see how the SP will react after the IM , depending if we get news just before or if not the timetable given which they should have a very good idea going forward ie trial date finish ,data analysis results,1802 going forward and 737 is it a go no go and as for body language how many was fooled last time when they went on about 737 and got so excited if they were totally honest .Again fingers crossed they do actually have some positive news to
Put out there and 1801 is doing as we all hope better than all the rest
GLA
What like consolidation to get investors interested because they are only interested in shares over a pound
We have hired peel hunt because they are great
We are going into clinic in 2022
Take an orderly cue
We will look at funding under agile
Any thing I’ve missed out please add
I think they have run out of sh@te to say , let’s hope 1801 is as good as the scientists have said it is and get 1802 into tox studies asap 737 still believe a no go but would love to be proved wrong and yes they will know what is happening as mentioned in an RNS
GLA
Not the best share for news I think everyone from the last AGM was expecting a deal or something to turn up from 737 .led down the garden path on that one how long does it take to get 1802 for tox trials we are years behind where we should be I know we had covid but imho no news with 737,tox 1802 or how we are progressing someone on the top table needs to go non scientist of course ,the amount of times it’s been quite on here and people think something is going on only to be disappointed is a joke if we need an additional scientist on board then get one if the work load is too much for the other 2
GLA