Would it be reasonable to assume that the ASX is checking out the MD's transaction on the 14th?
I still don't believe that there is anything sinister going on but it doesn't look great. I woudn't have looked great if she'd done it a week earlier or later either; but on the day of the communication?!
I also had a laugh at this line in the first release today
'A reasonable person should expect a disclosure announcement from a biotechnology company to be accurate the first time'
The first release was quickly followed up with the 'Clarification to response letter' which corrected a mistake.
At least amonst all the drams this company dishes up, they're still got time for a bit of humor.
CBZ Price at posting:
8.2¢ Sentiment: None Disclosure: Held