email from cfo damian lismore

Hi Folks,
Damian has kindly given me permission to post the email correspondence between us. As you will see, there is no market sensitive info. He answered the question clearly and appropriately and also quite promptly (impressive in itself).

Firstly here's my question, so you all know the context of his subsequent response:

Sent: Thursday, 30 July 2009 12:51 PM
To: Biota Info
Subject: QUERY: Speculation regarding LANI announcement tomorrow
Hi Damian,
I am a small shareholder. There is a lot of speculation, particularly on the stock forums that the trial results for LANI will be released tomorrow. My understanding was this it will be in August. Are the rumours correct or am I correct?
Any info will be greatly appreciated. I have also left a message on your voicemail.
Regards,
******

And here is his response:


Sent: Thursday, 30 July 2009 3:33 PM
To: ******
Cc: Florence Hart
Subject: FW: QUERY: Speculation regarding LANI announcement tomorrow

Dear ******,
The LANI trial results are due shortly and the market is aware of this. The results will not be released tomorrow as we are not yet at a point were all the analysis is complete. Please understand that the finalisation of a clinical trial requires third party sign offs and is not always in the control of the company.
In saying the above, I expect the results will be released in August.
Regards
Damian Lismore
Chief Financial Officer

Biota Holdings Limited
10/585 Blackburn Rd
NOTTING HILL VIC 3168

Ph: 61 3 9915 3721
Fax: 61 3 9915 3702

Email: [email protected]
http://www.biota.com.au



Well, I hope that was hopeful.
Cheers all.
DC