Thanks blackcap for talking to the CFO and sharing the info
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Thanks blackcap for talking to the CFO and sharing the info
AGM Mon 12-00 in CH-CH but a virtual link is available, a good headsup should be given.
Interesting....high levels of debt as a strategy....would love to know more about the nuts and bolts of that!! Of course they need to finish what has been started so that revenue can be generated. It sounds to me like they over capitilized and that sort of thing is reckless
So what's the big "if" around it succeeding. Surely there was a good business case for doing has been done
All sounds a bit loose to me
Evidently quite a number of upper level and key appointment staff have left over the past few months. In the last AGM there was mention of an employee share scheme to retain staff...so what's happened.
I suspect not all is well on on this ship
Hybrid Annual Meeting
This is a reminder that the Annual Meeting of PharmaZen Limited will be held at the Te Pae Christchurch Convention Centre, 188 Oxford Terrace in the Bealey 3 Room and online at www.virtualmeeting.co.nz/paz23 at 12:30pm (New Zealand time) on Monday, June 19, 2023.
If attending online, Shareholders will be able to hear and view the meeting, vote on resolutions and ask questions. If you will attend the Annual Meeting online, you will require your CSN/Holder Number for verification purposes.
More information regarding online attendance at the meeting (including how to vote and ask questions virtually during the meeting) is available in the Virtual Annual Meeting Online Guide available here.
Shareholders who wish to participate in the online Annual Meeting are recommended to log-in to the online portal at least 15 minutes prior to the scheduled start time for the meeting.
Watching the presentation, but I have to say, I am not feeling the love for this company anymore. I am not hearing any real passion from the speakers, and have heard nothing to give me confidence that we will see any major progress anytime soon.
I am concerned about the comments re staffing issues. I get that some of the staff who left very shortly after starting, may simply have been ticking boxes for WINZ, as implied, BUT what exactly is the company doing to attract people and motivate them to want to work there? Are they paying employees appropriately? Are they taking advantage of apprenticeship schemes etc? It just makes me wonder what the real issues are.
I may of course, be misunderstanding/misinterpreting - but my gut feeling is that my investment in PAZ is pretty much a "bottom drawer" write off now (only a very small holding which I brought at close to $1).
Sorry Percy :(
I was only half watching due to work commitments, but did they not say they are fully staffed as of April/may? Hopefully they are on top of this issue now. Certainly seems to have caused some problems though, lots of new gear with noone to run it for a few months.
Thanks justakiwi for that p. Knew something I meant to do today and only remembered when out with Speedy after he nagged me for a walk.
So it wasn’t an exciting great rave sort of meeting then (in your eyes anyway)
Suppose some will be super excited about what was said and the future.
Bottom drawer eh …hope it turns out OK eventually.
Yeah he did say that, and commented that he thought they are now probably over staffed. It did seem to me though, that he was presenting the "lazy, unwilling to work" narrative, rather than looking at why they are not attracting the type of employee they want. Maybe some staff were leaving due to the pressure of having to constantly work extra hours because they were understaffed? I know what that is like. Who knows.
Either way, my overall feeling is one of disappointment. I no longer feel a connection to the company.