Ann: 30 June 20 Preliminary Update, page-19

The top 20 holders own over 80% of the shares, so there is very little free float.

My view is that long term holders are accumulating at these levels.

There are many potential new announcements due to drop any time now:
- new MEG sales,
- Somfit approvals or partnerships,
- “catchup” or new sales in the existing business.
Any of these could cause a significant re-rating of the share price, imo.

The company has identified other “breakout” technology/business opportunities,
but taking a conservative approach, they are limiting themselves to only progressing 2 of these at a time. Thats currently MEG and Somfit.

When one of the current “breakout” areas matures, we may get a double whammy, of progressing an existing breakout plus disclosure of a new breakout.

Risk/reward tradeoff is very positive at this price range, imo.