RE: Let the Marathon begin Well Chief, the whole thing is a bit suspicious isn't it.
Unlike some, I believe that ego may play a role and it sounds convenient to imply as much, but this is 99% about money and greed, and given the player's involved lots of both.
I always find the behaviour of Bioniche a little unusual and often counter intuitive. If they were truly concerned about their standing with shareholders, would they have placed the ball on the tee the way they did last night? That was a knock it outta the park freebie if there ever was one.
There was no effort to elaborate on the "30 approaches", the reasons for the decline in revenue, the VMC etc. There was no case made to support them and their continuation as a management team...and could they have mentioned the providers of the payday loan any more prominently? Every shareholder I know considers that loan a blight on the company. What is the point of telling us over and over that they are now our trusted advisors for partnership and financing negotiations?
If I wanted to dump a pound of salt into a gaping wound, that is the quarterly release I would have issued.
The whole thing is a bit suspicious...I'll give you that.