RE:RE:RE:RE:LOVE THIS COMPANY............TIME TO BUY MOREHey Richmond.
1. How would I know what price Xortx will list on the Nasdaq at? That information is maintained in the C Suite of a company. It would be unethical and illegal for any of us to know that. You have been brainwashed by Spacelab too much. There is no secret Xortx Cabel with Robert McWhirter, BNN and the CEO. Do Instituational Investors have greater access to company Executives ? Yes. Do back channels exist in every industry and every company? Yes. Does confedential information leak out sometimes? Yes. Is anyone out to get you poor retail investors........ NO.
2. It is clear that you have little to no Management experience within a publically traded company. You place all of you focus on a companies share price. Believe it or not, the Executives of a company have a few more things to worry about than the current share price. Your simple understanding comes from your ignorance on the subject. Do CEOs alway get every decison right? Absolutely not. Maybe XORTX was forced to launch because of competetive pressure, maybe they are worried that fianancing will be tougher to secure in the future, maybe something related to FDA approval. Timing is everything in business. You either trust the Management team with your investment or you dont. Pick a side.
You absolutely have a right to your opinion, but your "opinions" seem more like "bashing."
Spacelab bashes the CEO and demands that he resign. Have you seen the Xortx Executives salaries? They are slightly above the poverty line for Calgary. Way less than fair market value for their education and experience. Some of them have given up almost 10 years working on XORTX. 10 premium compensation years. If XORTX does not succeed, we lose a few bucks. For them, they have to come to term with 10 years of poor compensation and large portion of their career wasted. Trust me....... these guys want to win and they want to get paid.
They get paid, we get paid. Thats the money and thats the math.
Sit back, relax, and enjoy the ride.