ISX Board Presentation, page-145

Then why does the CEO, family and the BOD need in my opinion a Cyprus escape pod to keep the performance shares?

The demerger has the interesting effect of rolling the disputed shares and the majority of ISX value into a new entity and juristiction, crucially one where Austrluan Law will have no effect.

your points are simply opinions, and it is not beyond reasonable doubt, it is a lower threshold of balance of probabilities ASIC will seek to obtain.

The compamy faces insolvency from cost orders if this goes full trial, ASIC and ASX will spend many millions and want costs if and when they win. ASIC is also seeking fines from ISX the company for allegedly lying to the market on numerous occasions.