Hard to believe?, page-26

I tend to agree with Vivo here. 

The announcement while
positive was not of the tone that you might see elsewhere and which seems to be required  to lift biotechs on the ASX. I’m pretty sure the term “cautiously optimistic” may have been used by LC. 

While that’s probably sensible language to use and certainly a very positive statement from a relatively conservative scientific based board it’s not the type of language a graduate of a marketing school would use. 

So so I agree with Vivo in terms of the positivity of the announcement but am still still a happy holder knowing we have a first rate scientific team behind what could be a pretty good story.