A number of ommissions and errors. Refer red responseRecentcontext:
- Director fees have been reduced by 50%. – Only Cinnebon’sand from June until – we have no idea
- Operating expenses have been reduced. – in theory –we have no idea by how much
- Entitlement offer revoked from 7¢ to 5.5¢.–- Successful 2.46m underwritten entitlement offer.
- Entitlement had 16% taken up and 84% unsold. Very unsuccessfulprocess. A failed one then a bargain basement one which the underwriter gothuge fees for and a bucket load of shares.
- VRX/EPA still in discussions regarding updated Rts.-probably but who knows?
- VDT trials have been impacted by bushfires. – VDT trialsshould have been done years ago, why only now?
- 2.66 quarters of funding as of 30/07/2024. –if we are lucky and then what, hpow is the rent paid when the bank balance iszero. Terrible management
