Benitec Biopharma Ltd (BNTC): Under any circumstances having Maxim as...

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Benitec Biopharma Ltd (BNTC)

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Re: Blane post# 1916

Tuesday, 08/11/2015 3:20:03 PM

Tuesday, August 11, 2015 3:20:03 PM

Under any circumstances having Maxim as the sole underwriter is a bad idea. Maxim has been shooting itself in the foot lately, Their reputation is sullied. In addition losing two underwriters sets a very bad stage for IPOing.

Even if test results aren't known by management and that side of the discussion is set aside, the whole thing raises questions about management, alluded to by Panno in suggesting the need for refocusing, new Board members, and a new business development team.

Management needs to come clean on this botched transaction.

Kind regards,
Minding

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