I distill it down to a simple timeline:
Novogen and no Kelly
Novogen + Kelly
Novogen + Kelly + money
Novogen + money and no Kelly
The annual report makes the most meagre mention of Kelly possible.
Whatever the ins & outs of the departure, without Kelly there would be no Novogen.
Kelly wanted a big long term play.
These guys want the money sooner, not later.
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