Ann: Appendix 3Y- Dr Stewart Washer, page-8

Your post demonstrates an ignorance to the business world and, more importantly, the stock market.

I outlined a line of reasoning specific to CYP and the circumstances and you posted that in response.

I could ask you how or where my post demonstrates ignorance.You seem to suggesting its the "vibe". I think you just don't want to engage with the detail hence your conclusion. But I'm really not that interested in this topic either so I'll just disagree with your conclusion that I am ignorant to the business world and more importantly to the stock market.

I think I'm actually quite well aware that insider trading laws contain quite a lot of wiggle room because of the materiality test and more generally the reasonableness test. And who it gets to do those tests.

Do I think the directors will get into any trouble here? No I don't. Not from me anyway.