Western AGM Presentation?, page-20

I spoke with Jeremy yesterday and I contact him regularly. He is frustrated like most of us with the slow road to release and sale of the "Convivo" and the slow uptake of "Viewnvivo". He is "still in" however and talk of sophisticated shareholders manipulating the OIL market is utter rubbish. I haven`t seen any evidence of a pump and dump as we saw a couple of years ago, more like shareholders taking some money off the table which is understandable given that some of us are up to the gunnels with too much stock in OIL. Bear in mind that all raisings where shareholders are given the opportunity to take up shares they don`t and underwriters are obligated to buy more shares they don`t really want. We are lucky that for the most part large holders are responsible in their dealings in OIL simply because there isn`t a deep enough market in the stock. That might change with CE mark and especially FDA approval leading to sales on the Zeiss product.