mate…how would he get the as yet to be declared ‘entitlement’ if he no longer holds the shares….maybe this was the opportunity to be done with this and salvage something. It does not augur well when the No.2 shareholder appears to walk away and scorches the earth behind him.
any theories about someone scooping up the IP via the convertible are conspiracy theories at best…what ever is left after LEAP is offered back to Dixon is most likely dependent on LEAP anyway, so is pretty my much worthless as a stand-alone.
