Ann: Appendix 2A & s708 notice (exercise of options), page-7

Hi @Jockthegreat

They are getting the options exercised before time/early. This is interesting...

A few of my considerations:

1 We are in the midst of a global pandemic where everyone I can think of is being careful with their money as you never know what is around the corner.
2 An options holder "might" ask to exercise early to get your self a quick cash injection (get them then dump) , sure, but why when good news is expected on a couple of fronts... Seems a little weird.
3 The company is not really growing the register, rather exercising what is already approved and pretty much fully expected
4 In doing these options exercising, they are getting an extra ~100K here and there into the company coffers.
5 We know Roger A has mentioned that having cash in the bank is helpful to cement your position in negotiations (no need to panic into a deal)
6 We know there is a load of work with covid that may or may not fall into the line of expertise in the company presently - maybe they need a consultant
7 We know that NZT has been blasting them about promotion of the company's achievements so for sure they are pulling in the big guns now.
8 it is very odd to do 3 announcement in 5 days for the same type of activity - all seems very rushed
9 we know WEHI have been doing stuff in petri dishes & comparisons for over a month now since the start of the last trading halt.
10 we know Elanco have the FINAL report and Roger A said, don't reckon they will take long to make a decision.
11 it is not like they are trying to make the end of FY look good, we are past 1 July.

So these are off the top of my head as to why i am convinced there is something brewing.

adreamer and ready to realise that dream and more.