Ann: Application for quotation of securities - RAC, page-52

And it's the same concerns that would make people hesitant to convert early, is it not?
if it's a relatively cheap trial and there is supposedly all this interest in the company that is being pushed back, surely there would be parties interested in providing the up front funding to ensure this goes ahead. So why not just do it, get the funding confirm the trial will go ahead so that it can provide some of the external validation people are seeking. I would think this would then provide more certainty and a confidence boost to holders and the market. Because at the moment it just feels like another carrot being dangled that might amount to nothing more than another own goal.