Beware, the R&D cost which is a similiar amount equals to the IPO amount, that would be what they want to say, already wasted ipo money there.
Basically I do not think they really got the farm big enough to spent much in researching.
It is still suspended until today, not like what announced before would be resumed at the end of Feb. ASX seems still not satisfied with what they have done, or kick out? Perhaps ASX using the correct way.
Should any local director come over, explain what the situation is? No one cares?
CDC Price at posting:
6.6¢ Sentiment: None Disclosure: Held