Shareholder Value11 Feb 2024 20:24
Dear Stephen and Tim
Having met you both, I believe between you, you BOTH have a responsibility to deliver the above as per the Sareum strategy to investors.
I sit here tonight, nearly two months since the AGM, having to read the gloating of a shorter of your last financial "deal" despite you "believing" it to be the best option (with no explanation why?), a sp that has dropped over 60% since that "deal", a bizarre RNS stating SRA737 has been relicensed to an ^unknown", ongoing trials of our lead compound in Australia with no updates of where we are, talk of private investors wanting personnel change and not an iota of direction from either of you.
One for the PR Departments, remember we spoke at the AGM - How did JP Morgan Healthcare meet go, any views on Saudi Arabia proposed investment in bio techs?
Tim, I was astounded at the AGM when I questioned the lack of confirmation that the data received back from Sierra regarding SRA737 was as stated by them, you "didn't believe necessary to make known", albeit, you waxed lyrical at the '22 AGM how you would go through it in fine detail on it's return!
Stephen, you stated at the AGM "we take onboard your comments at the lack of communication".
Enough said, I know you read the bb - leave with you to restore some confidence in my belief of the business acumen of Sareum please.
GLA
So, simple question are the BoD going to respond to shareholders in a diligent manner as per their proclaimed statement.
A copy of this posting will be sent to IR@sareum.com during the course of next week, to which, I trust I get a reasoned response.