Ouch, Invion…

Wow! Some days I just can’t get the timing of information and commentary right. No sooner had I posted on Invion (ASX : IVX), commenting on their lousy Lupus data announcement, then they “released the hounds” on their private placement. I suppose given the trading halt, this was anticipated and so yes, I am feeling like…

Close call, Prima…

Congratulations Prima Biomed (ASX : PRR). You survived to fight another day. But please note that the Ridgeback deal was a close-call (55% : 45%) and the feedback that you should be taking on-board is that many of your shareholders have some major issues with your attitude and performance. Let this day represent┬áthe beginning of…

Note to Prima Biomed Shareholders…

By now, the proxy forms are in and the majority of shareholders will have already cast their vote regarding the five resolutions for the EGM meeting on Friday. Obviously a show of hands in a shareholder meeting is not going to be the deciding factor here. I have been unabashedly clear in my position that…

The Australian Schultz Exchange

To be honest with you, I am not a big fan of over-regulation, I like things simple and I hate “Big Government”. But I also believe that something as important as our public markets need some boundary conditions. In my mind, the ASX has demonstrated in the past few weeks that it is not only…

Good MAAAAAAWNIN’ Sydney!

Good maaaaaawning┬áStuart Roberts in Sydney, Let me start this email by asking you, Prima BioMed, a question. Are you optimistic about the state of the world at the moment, or pessimistic? Me, I’m pessimistic, indeed, I’ve been particularly pessimistic ever since I watched your stock rally on the basis of yesterday’s sensationalist drivel. I couldn’t…