Left unattended it probably would have been disastrous. While it is not nice to hear a term like "code red" I viewed it as referring to the situation with the seriousness it deserved. From what I have seen so far WP does not window dress things and so he called it as he saw it and fair enough. We needed a "code red" and just in time. If that scared away some investors so be it.
Ann: HSV-2 Interim Results Announcement-AHZ.AX, page-219
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