Any chance?, page-13

Hi there Hornet

Yes somethings on CDY's pipelines will that many years of development. Other CDY pipelines may only take a few weeks.

The top 30 holders (ordinaries and options) are across the science, the opportunity and the associated risk thus the lack of relative movement in those quarters. The SP is flutters on very small volumes which is par for the course for small biotechs ATM.

On upcoming news I don't know a lot because Maria won't say. I do know that the new FGF-5 inhibitor is completed and safe and that Emma has done a good job in trending local OTC sales upwards. A Quarterly is due soon that will book this trend.

I know not the timing of the placement however if I were in the chair it would have happened EITHER as soon as possible after the AGM OR after the receipt of some expected news. I would not wait for the SP to decline on a dribble of volume in a red market ..... so I am hoping for the news tangent.

cheers