Originally Posted by
winner69
David spent many years at Fletcher Forests and was the 'father' of Arborgen who appears to have taken the credit for taking it from startup to 'successful commercialisation', selling tens of millions of seedlings but not making any money.
I still reckon that scientists interpret successful commercialisation as bringing to market, profits don't come into the equation.
That's why I think of Arbogen now as being PEB in 10 years time, just maybe.
Darling et al are great scientists but I think they lack real commercial nous. Has Darling ever seen a Income Statement showing a profit?
I take heart from Balance that these deficiencies are recognised and PEB have endeavoured to instil this commercial nous in the USA - lets hope so
Anyway squiggly line still looks OK - $1.10 time to reassess