Ann: Change in substantial holding, page-28

Worth noting FIL happy to buy up to 0.49

From memory, their previous average entry was something like 0.33 ...this notice would nudge it up a little.

Also worth noting that in Sept last year FIL increased their holdings from 5.06% to 6.15% (also on a Thursday).

Interestingly the market didn't react to the news on the day but moved higher on the following day. In the following 3 weeks the sp moved from 0.40 to it's all time intra day high of 0.55 (almost 40% in 3 weeks...thanks for coming). Based on this notice FIL were not a buyer during that run, but did recommence buying "on the way down" and following the very impressive numbers from the adult clinical study.

I see a move to 0.50 - 0.80 in the next few months.

GLTA.