Ann: Response to ASX Director's Interest Queries, page-55

I don't see this as a big deal at all. In regards to AF, he converted options in January with approval and sold shares to do so, and it was only in January that the ASX changed its rules. so easy for anyone to miss the change. Error?- yes. Understandable?- yes. Further, the rules are in place to protect shareholders, but neither AF's or Richards' transactions had any negative impact on shareholders; in fact, both transactions increased CRO's money in the bank. I think what is more concerning here is that the ASX called this query 'price sensitive' when clearly it isn't, whilst the previous company announcement about go live on May 1st, is, IMO, very price sensitive, and yet it was labelled as not price sensitive. What is also concerning is that transactions conducted in January weren't queried until March.