jaytee Posted November 5, 2008 Share Posted November 5, 2008 In reply to: LIVERPOOL on Wednesday 05/11/08 03:45pm not much chance of that in the short term. bit like sideways trending up but ever so slowly. boring i know(not much of a rush of blood) is the way i see it. Obama is on Link to comment Share on other sites More sharing options...
rene in geneva Posted November 5, 2008 Share Posted November 5, 2008 WTF! Chiplin sneaks away, what does he know that we don't? It won't be long before the consequent explanation is released......... http://www.sharescene.com/html/emoticons/thumbdown.gif Link to comment Share on other sites More sharing options...
nightshifter Posted November 5, 2008 Share Posted November 5, 2008 In reply to: rene in geneva on Thursday 06/11/08 08:58am Mate the whole place has been run by idiots.... Link to comment Share on other sites More sharing options...
theadder Posted November 5, 2008 Share Posted November 5, 2008 Arana Announces Resignation of CEO Thursday, 06 November 2008 Sydney, Australia: Biotechnology company Arana Therapeutics Limited (ASX: AAH) today announced the resignation of Chief Executive Officer and Managing Director John Chiplin. Robin Beaumont, Chairman of Arana said: ÃÆâ€â„¢ÃƒÆ’ƒâہ¡ÃƒÆ’‚¢ÃƒÆ’¢Ã¢Ã¢Ã¢Ã¢â€š¬Ã…¡Ãƒâ€šÃ‚¬ÃƒÆ’…¡Ãƒâہ¡ÃƒÆ’‚¬ÃƒÆ’â€Â¦ÃƒƒÂ¢Ãƒ¢Ã¢Ã¢â€š¬Ã…¡Ãƒâ€šÃ‚¬ÃƒÆ’…âہ“We wish to thank John for his service and contribution to Arana Therapeutics over his three year tenure. John has led the company through a period of rapid change and significant progress, including the sale of PeptechÃÆâ€â„¢ÃƒÆ’ƒâہ¡ÃƒÆ’‚¢ÃƒÆ’¢Ã¢Ã¢Ã¢Ã¢â€š¬Ã…¡Ãƒâ€šÃ‚¬ÃƒÆ’…¡Ãƒâہ¡ÃƒÆ’‚¬ÃƒÆ’¢Ã¢Ã¢Ã¢Ã¢â€š¬Ã…¡Ãƒâ€šÃ‚¬ÃƒÆ’…¾Ãƒâہ¡ÃƒÆ’‚¢s Domantis shareholding, the successful merger last year of Peptech with EvoGenix and the rationalisation and focusing of the technology portfolio. The Board and John have now determined that this is an appropriate time to transition the CEO role and we will now focus on ensuring that his replacement will be the best available person to lead Arana in its next stage of development.ÃÆâ€â„¢ÃƒÆ’ƒâہ¡ÃƒÆ’‚¢ÃƒÆ’¢Ã¢Ã¢Ã¢Ã¢â€š¬Ã…¡Ãƒâ€šÃ‚¬ÃƒÆ’…¡Ãƒâہ¡ÃƒÆ’‚¬ÃƒÆ’â€Å¡Ãƒƒâہ¡ÃƒÆ’‚ The Board will be undertaking a search for a new CEO, as well as appointing an acting CEO. Announcements on these appointments will be made in due course. Link to comment Share on other sites More sharing options...
rene in geneva Posted November 6, 2008 Share Posted November 6, 2008 In reply to: theadder on Thursday 06/11/08 09:46am I reckon I had as much to do with the sale of Domantis as Chiplin did. . Success has a many fathers, failure is an orphan. Looks likwe will be back hearing "poised for growth" again. ho hum http://www.sharescene.com/html/emoticons/weirdsmiley.gif Link to comment Share on other sites More sharing options...
Lizard Posted November 6, 2008 Share Posted November 6, 2008 "The Board and John" seems a telling phrase... is this a surprising indication of a degree of dissatisfaction from the Board? Link to comment Share on other sites More sharing options...
LIVERPOOL Posted November 6, 2008 Share Posted November 6, 2008 Things does not look good!!!!! You wouldn't resign with coming announcement of 621??? It's either he knows 621 is a failure or he slept with some ones wife! http://www.sharescene.com/html/emoticons/unsure.gif Link to comment Share on other sites More sharing options...
Bryce Posted November 6, 2008 Share Posted November 6, 2008 There is nothing hiding within this announcement. A company does not go for an IND in RA without some extreme confidence in the Phase 2 trials currently in place. JC might have been very good, maybe he was in the wrong place at the wrong time. Dr Fuller would be the ideal replacement, Someone that addresses the shareholders with respect and honesty. Someone that knows the science. Dr Fuller has impressed myself and others, my vote would go to him as a replacement either in a temporary or permanent role. The Board should with due respect consider him as a candidate. Without being contrive will the CFO be replaced or maybe the Vice president of BD. Link to comment Share on other sites More sharing options...
Bryce Posted November 6, 2008 Share Posted November 6, 2008 In reply to: Bryce on Thursday 06/11/08 11:17pm Not to make to fine a point of it, Dr Fuller is Someone that addresses the shareholders with respect and honesty. Someone that knows the science. Dr Fuller would make an excellent CEO whilst remaining committed to the CMO role. Link to comment Share on other sites More sharing options...
pharmaboy Posted November 6, 2008 Share Posted November 6, 2008 In reply to: Lizard on Thursday 06/11/08 02:20pm QUOTE "The Board and John" seems a telling phrase... is this a surprising indication of a degree of dissatisfaction from the Board? Shite! 80 cents, gone nowhere in a year - I'm surprised it took so long! ;D Shareholders run the board these days, I'm sure their just as pissed as the rest of us. One of the duties of the CEO in a publicly listed company is to ensure adequate value of capital is reflected in the share price (well, IMO anyhow). I'm sure Mr Chiplin has done his best, but its pretty obvious to all that brokerage houses, institutions etc are even less interested now than before his tenure - wonder what the ex ceo of domantis is doing these days?/// http://www.sharescene.com/html/emoticons/wink.gif Link to comment Share on other sites More sharing options...
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