1. Most Discussed
  2. Gainers & Losers

can anyone help with chairman's "throwaway" at agm

  1. hardmano

    15,756 Posts.
    A bit late I know but I've just listened to the AGM webcas. I seem to have missed the reference to a proposal that would need consideration "early in the new year" by the Chairman (or was it the CEO) that someone posted about here the other day. What did he say? Can someone perhaps supply their interpretation.

    At the AGM management said that the Scottish prion work would soon be reported and that has happened. They also indicated that there would be another "production" agreement in the next few months - there have been 2 agreements announced ( Advantek and Serologics) but are these what they were refering to or is there more to come?

    The most worrying thing from management at the AGM was that a full FDA clearance for use of the Gradiflow technology in industrial separations applications would not be 5 years away but might be up to 2 years. Or did I misinterpret that comment? The CEO intimated that the work with Cangene might provide a "shortcut" to the FDA approval process - but no timelines were given. They are keen not to overpromise and underdeliver, but some idea of how long the process might be would have been helpfull.

    Where to now for the share price given today's reaction to GDP not achieving their goal of halving of costs and doubling of sales in the first half?



Before making any financial decisions based on what you read, always consult an advisor or expert.

The HotCopper website is operated by Report Card Pty Ltd. Any information posted on the website has been prepared without taking into account your objectives, financial situation or needs and as such, you should before acting on the information or advice, consider the appropriateness of the information or advice in relation to your objectives, financial situation or needs. Please be aware that any information posted on this site should not be considered to be financial product advice.

From time to time comments aimed at manipulating other investors may appear on these forums. Posters may post overly optimistic or pessimistic comments on particular stocks, in an attempt to influence other investors. It is not possible for management to moderate all posts so some misleading and inaccurate posts may still appear on these forums. If you do have serious concerns with a post or posts you should report a Terms of Use Violation (TOU) on the link above. Unless specifically stated persons posting on this site are NOT investment advisors and do NOT hold the necessary licence, or have any formal training, to give investment advice.


Thank you for visiting HotCopper

We have detected that you are running ad blocking software.

HotCopper relies on revenue generated from advertisers. Kindly disable your ad blocking software to return to the HotCopper website.

I understand, I have disabled my ad blocker. Let me in!

Need help? Click here for support.