The company has given very good explainations regarding the state of the technology and highlighted the issues associated the technology application which don't seem to have been identified in the press release.
The last dot point in the announcement is probably the telling one. "The selective leaking of confidential company communications appears to be designed to cause the greatest reputational damage possible to both the CSIRO and DataTrace with reckless disregard for commercial or other broader consequences". There appears to be a process to beat up CSIRO in the press at the moment, whoever leaked this information could be in a difficult situation if identified.
Appart from a few small sales at low prices, the share price seems to have rebounded, it will be interesting to see if the 2million shares at 0.026 are traded.
The company has given very good explainations regarding the...
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