Ann: 2018 Half Year Highlights, page-27

I guess that those new retail holders who bought at 0.001 is diminishing and will disappear soon. Most likely, they have sold back their shares and making 200 to 300 per cent of profit. They must be very happy.

If we reflect what has happened more than one year ago, at that time, ASX should advise VPR to offer those new shares at 0.001 (around 10 to 15 per cent of total shares issued) to existing shareholders of ERJ (former name of VPR) instead of to new retail investors. Actually, either scenario would satisfy the ASX Listing Rule 1 regarding meeting shareholder spread requirement i.e., free float of 300 non-affiliated investors. However, those new shares were allocated and sold to new retail investors at 0.001 instead of to old ERJ shareholders. Although it is extremely unfair to old shareholders, this is the fact that we should accept it. In the future, we hope that ASX will improve their policy with regards dealing with this type of issue.

After happening more than one year ago, most of those shares bought at 0.001 might have been sold back at 0.002 or 0.003. Let us move on. Patience is a virtue.