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Regarding Taurx, I'm surprised there are inventors who are willing to buy in now given the uncertainty around the approval of the drug. Even approval is granted, there is still uncertainty on the market uptake.
The way I see it, I think the share price will only increase if this event benefits the boss. Now, in what scenarios do the increase of share price benefits the boss?
That's a real concern Cheng. The owner plans with a generational timeline, which doesn't align with our goals. Considering the boss age, succession planning and laying the foundations for the next generation is more important to him than the share price or ratings of agencies. Those are only number on screen to him. But we depends on that for profit. This misalignment is a real concern
That's true Cheng. At the same time the complete takeover of GENM is a good optics and will bode well for the share price. We ultimately wants the share price to go up regardless of what. If business good but share price is low, that's useless for us too
Those are very encouraging numbers. I was worried that the current trend is moving away from gambling/smoking/drinking. Turns out, this is not the case and hopefully the momentum for RWNYC can sustain and eventually reflect onto GENT bottom line. Ultimately, I hope to see Malaysia casino operation move to a more liberal country. Then the constant fear of being closed down is removed forever, which bode well for share price
also, the management has been renewing the share buy bank mandate for several years already without exercising the mandate. what's the point of renewing the mandate then?
