cbio, page-6

Hi Guys,

We too invested startup money in CBIO at that first meeting back in 2001 & also attended the AGM a few years later when they announced they had exciting results coming in from their trials & thought that the company could be worth $2 Billion stating to all that they wouldn't be selling it for anything less than $10 share & would keep a royalty stream & the 30 million share register very tight.
We then put everything from our Super Fund in it at the current price of $3 share as it was supposed to happen within a few months. I posted on HC back then about the dream AGM we had attended!

Anyway...we have followed the trials results as they progressed & raised more money at $5 & $6 share & even though I've been trading the market for 10 years now I wasn't keen on them listing at all as felt the ASX would savage them which it did & was worried a Big Pharma may use the market price to not offer as high as they should but then again look at RIV being offered $15 share by BHP so it happens!

The board has assured me many times they will not undersell the company especially with 20 years of work going into it & as drugs are worth Billions so here is hoping for a mega deal in the short term future with a royalty stream would be nice too! Hang on tight!

Best of luck to all holders. Katy