ISX off-topic thread, page-3244

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itzgr82balive

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23/11/21

12:35

Post #: 57781494
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Originally posted by naomhan: ↑

To my knowledge, the ATO aren't looking to freeze ISXFEU from anything. Just prevent JK from selling. Of course, now that he's got the shares moved overseas, that's much harder to enforce. [Note before itzgr8 jumps up and down that "nothing was moved" - JK previously had Australian company shares, now he has Cyprus shares. He's moved his shareholding overseas.]

I think the ASIC case is more likely to delay as well, though I know that on a lot of stock exchange listings, they look into current lawsuits involving the company and KMPs, so questions may be asked. But again, regulatory action will probably be more relevant to a potential exchange.

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Karantzis's shareholding have been and have always been in a BVI entity. Nothing has changed. What are you on about? The new shareholdings in ISXFEU are also in the BVI. HWL made much of, and the judge agreed, the fact that what the ATO should be focusing on is NOT the demerger but the BVI company.

ISX Price at posting: $1.07 Sentiment: Buy Disclosure: Held
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ISX off-topic thread, page-3244

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