Management need to kill the deal or negotiate new terms, page-43

For clarity they need to release the EOFY report so the market can judge the value of the company. The Independent Expert also has to give the nod and if Mitula’s 60%+ increase in revenues over the last 8 months flows through to earnings I can’t see how an Independent Experts Report would give the current arrangement the thumbs up.
Lifulls share price is now down to 628 Yen and major Mitula shareholders will get shares issued to them at 925 Yen even with the 10% adjustment it’s now a shocking deal.