Ann: Response to ASX Query, page-12

A drop from 20c to 2c is not good news for CPH.

CPH being forced to squirm around making these excuses for its extremely questionable actions and lack of transparency is not at all a good look for CPH. This announcement is deeply shameful. For most companies a response like we see in this announcement would be cause for the share price to crumble, but a giant red flag like this is lost in the sea of red flags being waved all around and within CPH. The market has become so desensitised to it that the market barely even cares. But, make no mistake, this is an incredibly bad look for CPH - all CPH holders not too stoned to do so should carefully read and understand this announcement, and if you can't understand it, ask yourself why you're still holding.

CPH is clearly desperate if they are playing games like these, and it is difficult to comprehend why any sane person would want to invest in this company.