Ann: Quarterly Activities/Appendix 4C Cash Flow Report, page-82

>>>>I reckon a change like that should have been done years ago. Board and CEO look institutionalized It’s a total disgrace imo that their response to ASX query asking to explain the cash left is to say that it’s ok because the tax payer will cover it.
>>>I also looked at the history of one of their trials , BIT225-011, posted on ANZCTR. This was a piddly 20 patient trial with relatively short follow up. Something like that in competent hands would have had the whole thing done and dusted in 12 months. To take the time they did to finish it (why not do what their peers would have done with slow recruitment and open another 1-2 sites in Melbourne say), then take another 14-18 months simply to communicate results whilst offering a bunch of implausible BS excuses in a Dec 2023 letter to SH to try to explain the delay - well it’s not just a joke, it’s the height of negligence imo. I’m shocked some people think this is ok and normal.