Ann: Response to ASX Query, page-13

  1. 1,171 Posts.
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    Treating retail shareholders like complete idiots in my opinion.
    Do they really expect everyone to believe that the first they became aware of the delay information was after a review on the 28th Jan?
    They provided milestones and announced as each was completed until the announcements abruptly stopped in November when everyone was wondering why they had stopped providing updates.
    I’d suggest they knew of the delay information in November when they were unable to provide an update that platform commissioning was complete and they told us that the ADCS was to be configured in the next few days.
    If they don’t believe retail shareholders expect an update because of the fine print of risks in the shareholder presentation, then I’d suggest everyone reads that fine print and takes all the headline fluffy stuff with a grain of salt.
    TLDR - The pipeline of ‘contracts’ are free trials with no obligation to buy and may not generate any revenue.
 
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