Ann: Appendix 4C December 2020, page-76

I think 20c is probably over optimistic given the burn rate issues, but I agree 100% that the board have been trying to talk the price down. I think this is a company with some serious and genuine problems, but the board are clearly willing to risk those problems and buy up more of the company, if we give them a chance. It's a tricky situation for me, because on one hand I think that what the board is doing is deplorable and I don't want to let them keep grabbing cheap chunks of the company and diluting us shareholders out of our equity. But I also lack your enthusiasm for the company's long-term prospects. I'll probably fill my CR just because it's frankly not that much money at this point, but my expectations remain low.