Replies to post #227747 on Innovation Pharmaceuticals Inc (IPIX)

[PlentyParanoid]

I did not say or even hint to company being disingenuous. What I believe is that Leo & Co

1. expected to have prurisol results at hand during Q1 2018
2. they also expected and probably still expect those results to be good.
3. And finally, they expected that when prurisol results come out that piece of news will stop (maybe even reverse) the downward trend in share price.

Make any one of the above statements false (and that does not mean somebody is a crook. LOGICAL FALSE) and you have a good reason and actual need to sell a pile of company shares to Aspire during Q4 2017 and Q1 2018 at better price than they are getting now. One might say that not selling then would have been financially irresponsible and a solid proof of stupendous lack of foresight. Well, that selling did not happen.

Should we also assume that Leo is an idiot. I don't think so.