This has been a fun story to watch as a neutral, but just on a point of order, I understand JK and associates held a majority interest in SP1 on demerger, so if ownership hasn't changed, then he effectively controls the board and therefore the CEO.
Not that SP1 does anything anymore, ISXFEU is the operating business - one of the hints was the q2 quarterly cashflow report that showed a return of $1m _from_ their lawyer's trust account. Without the return of that money, ISX would have had less than two quarters of cash remaining and would have had to answer the questions in 8.6 of the 4C. The readers can interpret that however they wish (I'm sure there will be more than one interpretation).
SP1 Price at posting:
$1.07 Sentiment: None Disclosure: Not Held
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