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30/07/20
10:28
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Originally posted by sbuck:
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Just catching up the day's posts. From what I have seen, ISX was willing to escrow the complete package of the shares issued under the performance arrangement - as a shareholder, that seems reasonable and satisfies my concerns - effectively, those shares don't dilute my share of the company until the investigation is complete and never if there is something significant found. ASX seeking more details seems to be a personal vendetta against JK and/or ISX and isn't acting in the best interest of shareholders. ASX should accept the escrow - being the full number of shares issued under the performance arrangement, and if issues are found, cancel the shares. That protects shareholders!
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not only that JK even offered to put his personal holding of shares (not related to the PS) to top up to the full amount of PS to account for the ones sold by the ex COO