There is so much activity going on around Progen at the moment and none of it productive that I now know how I lost 85% of my investment!
Still the only one I can blame is myself for investing in a company I didn't know enough about.
Can you channel your disagreement to help me understand the issues here?
The AVX merger option seems to be handing the only PGL asset (cash) to someone else with a limited hope of escape in the buy back (limited) or commerialisation of ATC while the "spill the board option" is similar with the hope that Cytopia will allow all shareholders to hit the exits at $1.10 a 70% premium to the market price.
I'd appreciate the thoughts of those who had significant interest in PGL as to the best course of action for minority shareholders.
The whole thing seems a disaster?
PGL Price at posting:
72.3¢ Sentiment: Hold Disclosure: Held
