Totally agree with the idea of generic updates, rather than specific promises.
I have spoken with Nick and suggested as much. He says that they'll be putting something like this out in the new year. We'll see what form it takes and whether it becomes regular then.
In the meantime the line they're using is that they didn't want to give out any information as that would have potentially influenced their negotiations on new deals. Mmmm, don't know about that - as a shareholder I prefer to know what is going on.
News: Phylogica advances collaborations , page-17
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