I'd guess there would be but it would be up to ASIC to pursue it and they'd have to make a decision about the seriousness or lack of such I suppose. There's no ASX sanction because it's not TV2's responsibility.
I'm with a couple of other posters... something feels not quite right about it. Coupled with their possible disclosure failures, Cancun seems to keep things very secretive. Even old mate who is the Director is a shadow - beyond his cricket write-up there's no online footprint at all, which is very odd in these times.
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I'd guess there would be but it would be up to ASIC to pursue it...
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