bigricho, Miranda1 is unable to answer you currently, so if I may,
""The giving away free shares to GCN shareholders did infact conform with the ASX listing rules to obtain shareholder spread."
Can you please advise when this confirmation was given and by who?"
there was no confirmation given by anybody,
one of the listing rules for new companies listing on the ASX is a certain amount of shareholders holding a certain amount of shares, this is my understanding to be one of many requirements to list on the ASX as a new company, not a necessity to list, but the vehicle to list Priority One is pursing as they have said in previous announcements.
Hope this helps
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