What's more concerning is the argyles involvement with TMH which...

What's more concerning is the argyles involvement with TMH which obviously lead to their CIP license being cancelled. They have clearly been involved with SP manipulation and deceiving shareholders before.

THE MARKET HERALD LIMITED: FINDINGS AND PRACTICAL CONSIDERATIONS

On 19 May 2023, the Panel announced a declaration of unacceptable circumstances in relation to the affairs of TMH, following an application dated 6 February 2023 made by UIL Limited (TMH’s second largest shareholder and a substantial holder of TMH shares).

The application concerned the conduct of various parties, including Mr David Argyle and Mr Gavin Argyle, in the context of the GCA Acquisition, the 2022 Entitlement Offer and the 2023 Entitlement Offer.

The Panel found three sets of undisclosed associations had arisen, leading to various contraventions of related rules, being:

• an association between Mr David Argyle and Mr Gavin Argyle;
• an association between Mr Pismiris, Chairman of TMH, and Mr David Argyle and Mr Gavin Argyle; and
• an association between Mr Gavin Argyle and Ms Linney and Mr Rosenal (each employees of CIP and sub-underwriters to the 2022 Entitlement Offer).