Yet again we return to the same issues being brought up.
Non disclosure and performance shares. Literally nothing has changed apart from the fact that this is another case of non disclosure that should of been disclosed (and even this is arguable on definition, and is obviously going to be argued in court). Dont listen to the downies that say everything is going to zero. This happened a long while ago and the company is very liquid and in profit regardless. The performance shares are another issue altogether. There are logical arguments on both sides of the fence in regards to how they were obtained and this will obviously unravel in time. If everything is found to be plausible by the courts then Jk will keep his shares and we will move on, If not they will be cancelled and obviously the board will have to answer. Even worse case scenario the ASX can’t just delist a competitor, (which is why there is no mention of remove/delist from the ASX announcement). They are just posturing trying to show the 10k plus shareholders that they are “innocently” getting held back by the pariah JK and his team of cronies for like 6 months. Remember this is a no ongoing court case. There will posturing on both sides.
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