I do not agree with your first sentence. As per my beginning post, I believe the flexibility of how the performance share could be earned was a part of the sale in 2014 and that no law has been broken in achieving the performance shares - no matter how much anyone does not like the looks of it. It will not be me who asks JK, the advisors, and the angel investors who made all of this possible to give up something they have earned in getting us here. And no-one can convince me that it is ISX that has gotten us into the problem we are currently in. ASX allowed the reverse takeover in 2014 with the "disadvantage" clearly stated: that revenue meant turnover and could mean that the incentive to grow revenue at the expense of profit was possible. ASX approved this in 2014. Shareholders approved this in 2014.
ASX didn't investigate for almost 18 months and until ISX was in the ASX 200. ASX is the reason we are in this situation. There are many people that bought in on the recent rise. ASX is responsible for that. We have been suspended for almost 8 months and ASX is responsible for that.
We need to support ISX at this point and keep requesting an investigation that we can trust.
I strongly agree with your second paragraph.
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- OE shareholders gave Explicit approval in 2014 for the process for ISX earning performance shares.
OE shareholders gave Explicit approval in 2014 for the process for ISX earning performance shares., page-45
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