Ann: CEO presentation to Broker Meets Biotech - Perth, page-33

I understand the feedback but you might want to ask a few more questions of whoever is sprouting that as the logic doesn't stand up IMO.

Morgans telling you - don't worry the selling we are doing is just old stale TIS holders? . I can imagine the call to their clients - You know FTT - you have held for 3-5 years and only 90 days off knowing if it was real. Sell em? Don't do it before EFY and claim your loss do it now in limbo land after EFY but before any possible rise coming to reading. There is unlikely to be any bad news between now and then and at that binary moment you will either get halfway to out 30 plus cent val or 1cent on a stale stock you hold and probably participated in placement for ?

Just my dumb logic , not taking the piss

Wonder what % morgan clients hold/ held and how many are "so called stale" and what has triggered the selling event nor why other Morgan brokers are not getting their clients to buy it up? Nothing like both sides of commission on a cross trade?