Ann: Gleneagle to Acquire Zelda Therapeutics Pty Ltd, page-34

I've had my buy order in @ 004s for the past few days although the Zelda consideration of 1.6B shares are priced at 005. As indicated the whole process is likely to end towards the end of Q1 2016 which is why I'm in two minds to withdraw or wait later.

We may see moves if the DD is successful, or future govt announcements are positive, or other company/industry news is encouraging etc. I follow the marijuana movement closely in the US and although I lost money last year on a MJ recreational scam, the medicinal movement seems to be gaining pace in OZ.

A spec for sure but the proposed new board & management team have the experience, it just depends how well they manage the underlying business once/if the RTO is approved and the share consolidation kicks in.