IRI 1.08% 93.5¢ integrated research limited

Ann: Market Update - Continuous Disclosure, page-18

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    Steven Killelea, the founder of this company sold $53m worth of shares around March of 2018.
    Steven Killelea, the Chairman then resigned from the Board on 23/10/2018 effective from 1/11/2018 (a week later).
    The CEO then resigned from the Board on 20/11/2018 and left within three months.
    There are, based upon the last report, approximately 170m shares issued. The current Board members hold 23,000 shares between them and this hasn't altered, as far as I can see, since the departures mentioned above. So the current Board members hold about 0.014% of total shares issued.
    The need to provide profit updates on 18/12, 30/12 and then again in mid January is perplexing at best.
    Steven Killelia has sold another 13m shares since he left the business although he still holds about one third of the total issued capital.
 
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