Ann: Appendix 2A & s708 notice (exercise of options), page-4

I think Tandax is on the money regarding brokers from a couple of years ago cashing in their options after waiting patiently, ie delayed payment, and that explains much of the sell off earlier this week. Thanks for the effort that other night adreamer, illd2that and Tandax in particular whilst I was snoozing on the couch in front of the idiot box.Has been a good week. Finished well, after such an an announced rise last week, gratifying to see it stabilise the way it did. I think the rise without an announcement is a sign people are sitting up and taking note. I hate the pandemic and I'd rather do without it because I already felt the PharmAust story had turned the corner in May, but what a turnup that our little gem of a company may have part of the answer to this historic epidemic. Have a good weekend all.

Cheers.