It would say that it is a very clever and legitimate move...I don't think ASIC would have any problem with it. Why would ASIC have any problem with it? It just so happens that if the speculative scenario is true then ISX's shareholders would be holding shares of an empty delisted carcass...
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- ASX - By Stock
- SP1
- Ann: Letter to Shareholders - Joint CEO ISX and NSX
Ann: Letter to Shareholders - Joint CEO ISX and NSX, page-39
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