Yes, the confounding thing about this company is a lack of enthusiasm for detail.For example, what is the market share that ADO can expect to get, in revenue terms? They don't have to spell out how much they will charge a potential collaborator? Even if Philips were involved, we never got a clue about what the market size might be and what our market share could be within a range.
We just get a load of excitement, and everyone confidently rubbing shoulders and telling eachother they trust eachother and how their wives are apparently much younger than they, blah blah blah. The substance is less clear.
Joe Maeji is in semi-retirement, which means either the brightest mind doesn't think it can be done AND/OR he's given up on the whole enterprise as a failed dream, OR the brightest mind thinks he can confidently allow others to do it for him while he supervises.
Take your pick. It's always been a colossal amount of guesswork and wishful thinking with this mob. Are we any closer to actually making serious money AND sharing it with long term shareholders? I've got a sense of deja vu with this crowd.
Now for some strange reason Richard Martin is happy. Nobody can explain why he voted down the remuneration report. A warning shot? Has he been placated in some way as a result? It's all very murky.
