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RHT 2.2¢

10 Years Ago

  1. hoofa

    6,767 Posts.
    Ferriscan has taken 11 years to get to a turnover of $2.2m

    Liver Fibrosis in 10 years is still in the drawing room.

    Hepafat based on the commercialisation of Ferriscan is anything up to 10 years away from making any revenue contribution.

    Around 10 to 15 years ago this company was embarking upon exciting developments. Since that time it sadly during a bio boom, share market boom has lacked direction and technical milestones.

    New initiatives zero, dreadful CR attempt and an acquisition proposition last year that appeared to be introduced by the venture capitalist board member, was poorly thought through - then discarded, and incurred a debt of $198,000 of shareholders funds.

    .........and I hear comments about dividends etc.

    10 years ago.jpg

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