No debate around pedigree of Founders and their intentions with...

No debate around pedigree of Founders and their intentions with kaddy. However knowing the founders won't sell to cash in a profit seems more subjective conjecture than known fact. It's a possibility they could take some money or profits off the table every 6 months.. no one knows.

what will be more interesting is the gmv tied hurdles and how achievable vs a challenge these will be to ensure retail holders are given their fair amount of upside exposure.

interesting that the retail portion is much higher than institutional during the afr article pre announcement period. At least they haven't been forgotten.