bogs13 Oct 2017 11:36
when I ask a question as to enlighten me on my selfish agenda then the general idea is that you answer it not necessarily ask me another question. I believe in certain fundamentals of the science as the initial creator was Sir Jack and I have no doubt of his capabilities in so far as I recall he had a few compounds commercialised by GSK. Do I believe it is as good a science as we have been lead to believe by past and present incumbents of the Verona Pharma board then going on lack of interest from other pharmaceuticals and a decline in sp of 40% from where we were 5 years ago when Jak joined and spoke of "Significant shareholder value" then the answer is an emphatic NO. You may question why our head of science left to go to GSK Kathleen abbot banner. Would you leave a post if you new in the short term in which I mean two years from her dated departure, would you not have stayed to have that on your CV. Why are the tests taking so long and why will the last phase 2 trials only finally conclude in 2020. Perhaps it is the agenda and direction and efficiencies of the company that you should be questioning. All IMHO but you will have researched well so will be aware of the money wasted in our failed excursion onto the German stock exchange and even our latest dalliance with the Nasdaq that with all our associated cost has produced a lower Sp some several months down the line and that is with a further trial in the states showing positive results. Not what the BOD expected. However I will say that I have never known the market to appreciate increasing yearly salaries nor bonus awards that show no correlation to the lack of said product, whether drilling wells, production of minerals or commercialisation of drugs and definitely when their is no income stream what so ever. I question if the value of our ip has increased in line with all the salaries that we know have and I doubt it. So forgive me if I find 18 people needed to ring a bell as being the correct focus of attention and best allocation of funds at this moment in time.. ALL IMHO. Of course you may just be a fan of dilution. ATB