Ann: Response to ASX Query, page-2

I hold PVD and just putting a timeline together to catch up on this saga that is FTT.

So, FTT 'butcher' their estimate of their R&D refund by a factor of half. Even an FTT holder on the thread said they thought it'd be closer to $2.5m!

A couple of days later FTT announce they now think the refund will be double what they thought and couple this announcement with a very low ball CR diluting their faithful to oblivion. This is all amidst a challenge for control by the PVD 'cowboys'.

Personally, I wouldn't mind seeing PVD take control because obviously they've got something in the works and they need a bio shell to do so