Hmmmm... not too sure about this @BigDaniel, with full respect...

Hmmmm... not too sure about this @BigDaniel, with full respect in response. Your comment about "cash flow is good" certainly requires revisiting. A look at the recent December Activities Report / Appendix 4C isn't showing much on that aspect, unless I'm reading it wrong. Am I missing something apart from item #1.7 (government grant / tax incentive) and item #2.2 (disposal of the term deposit), which would most likely be once-offs?

That combined with new lows below October lows (did anyone notice a trigger of a stop loss of one million shares when that occurred?) and we have the share price straddling those lows again at this point. I could be wrong with this call, but overall lower lows and a continual downtrend doesn't bode well - personally out (closed out previous position) and minimising risk having lost faith in management.

Wishing all holders all of the best (certainly do hope to see patient treatment optimised in this tough to treat patient population) and hoping that yesterday's daily candle actually forms a higher low on the daily chart compared to 5th February when the October lows were breached. That, with a decent response at the upcoming earnings call, IMHO, is the only hope to turn around the technicals on this chart. All of the best!