Is BYH still a listed public company or has it quietly become Leslie & Izzak Pty Ltd?
Is this in the best interests of all shareholders, or just a few insiders?
If the 100 million shares were meant to compensate royalty holders, why weren’t they issued directly to those royalty holders — Leslie and Izzak themselves rather than through a third party with historical links to both?
How can a “third-party trustee” be considered arm’s length when corporate records show overlapping addresses and repeated transactional history with Leslie?
What rationale justifies issuing 100 million shares without a shareholder vote, especially when the beneficiary appears to be functionally indistinct from existing insiders?
BYH Price at posting:
0.5¢ Sentiment: None Disclosure: Held
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