Ann: Deed of Termination and Release , page-77

Fib,

Precisely. The rules, obligations and supervisory powers are clear here.

Gary and PDY in first instance will battle ASX for breaching listing rules.

ASIC will deploy their finest Corps Act lawyers to investigate SuperKite.

Dissaffected shareholders could potentially seek remedy from PDY and others (unlikely ASX imo).

Don't expect a clarification from the co. - they're faarked if they dony but faaarked squared to infinity if they do.