I am aware there are some so called governance issues and that is the culture of doing business in Australia. You must start everything perfect from day one. the issues you discussed existed for Alibaba and Facebook (and many other high-tech companies) at their initial stages. The big picture is ISX is in fintech business, more and more AML/CTF demand such technologies. the backdoor vesting, share issuing etc are just normal. I do think directors wanted to make the cake bigger before divide it. it would be insance that everyone involved in wanting to doom the business at this stage.
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