So what you're saying is the financiers and Board who have been working *against* the interests of ASX shareholders -- while the company is subject to ASX rules -- is suddenly going to turn around and work *for* these shareholders, once the company is privately held in the Caymans. Isn't it more likely that once the company is private in the Caymans, this is an unmonitored situation for the BOD and financiers to radically increase their proportion of holdings -- while diluting existing shareholders to evaporation?
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