Ann: Audit update, page-28

The BOD have made no official commitment to the escrow shares being distributed to shareholders.

It was mentioned as an option, along with the process.


If FFX re trades 0% chance IMO.

Unless the BOD are forced via a 249D to put a resolution to shareholders that the escrow must be distributed and the vote is successful then i agree with @fooca , and likely outcome is they will be sold down to support a new project.


The options are pretty much:

1. Never re trades, forced delist - Cash and Escrow distributed (at their own pace i might add).

2. Bought out - No escrow distribution

3. Buy an asset, re - trades - No escrow distribution unless forced via a SH resolution