Good level of detail and provides clarity around the basis for the decisions made and the path forward. Seems like the major shareholders are active and management is sound. 28c per share cash backing provides some level of safety (although some of it will need to be spent closing out the existing trial, and on admin and running costs, as well as pursuing the other opportunities outlined). Comfortable holding at these levels to see how this plays out.
Ann: Quarterly Activities/Appendix 4C Cash Flow Report, page-3
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