Ann: Response to ASX Price Query, page-103

I still can't get my head past the fact that in December 2018, they had (what they claimed to be successful) phase 2 hiv results and $7.1m in the bank, with claimed negations with potential partners ongoing. Roll on 6 years, they are still at phase 2, albeit 2b, with next to no cash in the bank despite numerous CRs and no commercial outcomes / partnerships.

Something went way off track from 2019 onwards. HIV phase 2 preliminary results were meant to be out in mid 2023, still nothing. Covid meant to be September 2023. Nothing.

a lot of people are convinced some magical deal is happening in the background, but refuse to look at the history. Just bizarre.