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Celadon CEO James Short now on very thin ice indeed as more bills go unpaid, but has he taken out any cash?

Tom Winnifrith
Wednesday 30 April 2025
Celadon Pharmaceuticals (CEL) told us on March 31 that it had sufficient cash to last “into April” thanks to the support of creditors. In plain English it could last as long as various folks did not insist on being paid. Today it says that, with the same caveat, it can now last “into May.” CEO James Short is a proven chancer.

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Tom Winnifrith is the editor of TomWinnifrith.com. When he is not harvesting olives in Greece, he is (planning to) raise goats in Wales.
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