Re: Management
in response to
by
posted on
Apr 06, 2021 10:33AM
Dwh, Since you asked.....I would be as happy as anyone here if a great deal arrived tomorrow but if that happened I would attribute it to the science finally getting its due despite years of lousy management. Any deal like you are talking about would largely be facilitated by investment bankers. Personally I would be super happy right now if management could raise their bar to mediocre but I'm afraid at RVX if you want great management and a genius in the CEO chair there would need to be some serious house cleaning.
We are all entitled to our opinion but to me if RVX was well managed the company would not be in the financial shape it is in currently, the share price would be much higher reflecting the scientific achievement and after 20 years other promising programs such as those mentioned in the current MD&A would be well under way or completed (and perhaps being monetized) instead of lying dormant waiting for funding. To me it has been infuriating over the years to watch opportunities squandered and self set management targets rarely (if ever?) met. Aside from selling into the big rally 13/14 years ago the only upside to RVX has been trading the disappointments and the odd obvious shorting opportunity. The only thing that keeps me here is the huge potential of the science.