Michael Sofia still living in fantasy world as stock seems to have bottomed | ABUS Message Board Posts

Arbutus Biopharma

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Msg  34730 of 34746  at  10/18/2019 4:11:06 PM  by

RestD


 In response to msg 34728 by  Biogiek
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Re: Michael Sofia still living in fantasy world as stock seems to have bottomed

Now it's a $70-$80M company with not much of value, and very top heavy. Arbutus was top-heavy from the beginning but now is there any reason to have all these execs? The board of the directors is now essentially useless as they're a pre-clin company and need technical direction more than anything.

I wonder how much the golden handshakes will cost in terms of months of pre-clin runway? Significant no doubt.

Dirk called it a retirement plan for old pharma execs [paraphrase], and I think he may have hit it on the head.



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Replies
Msg # Subject Author Recs Date Posted
34731 Re: Michael Sofia still living in fantasy world as stock seems to have bottomed stencil 1 10/23/2019 10:09:48 AM






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