And if anyone is wondering where the future growth outside of...

And if anyone is wondering where the future growth outside of the Malaysia, Thailand and Indonesian markets for ICQ might come from, just have a look at Frontier Digital Ventures (FDV), where the assets Auto classified assets that ICQ should have been buying had stakes by your directors brought for their other IPO vehicle at the time FDV.

These include:
PakWheels
Operates in Pakistan
FDV owns 37%
Revenue for the last half was $1.2m - yes, that's right, higher than ICQ assets in Indonesia by about half a mil!

Autodeal
Operates in the Philippines
FDV own 33%
Revenue of $473k, with growth of 58% in the last half.

CarsDB
Operates in Myanmar
FDV own 76%
Revenue of $226k, but growth of 286% half on half, so just starting out.

So while your directors were setting up and running their next venture - FDV - they potentially removed 3 key growth opportunities from the shareholders of ICQ for auto classified businesses in Asia.......they did the same, but on a much larger scale in property for IPP shareholders....I till can't see how that is acting in shareholders (and not their own) best interests, but each to their own....happy to invest elsewhere.