so the hope is that NK will shut down business in Australia and potentially won't have the money to continue the court cases, which won't be an issue as the business is in Europe and his removed himself from the Australian arm - also note that his now known under his Greek passport as Nikogiannis not John anymore (I guess that further delinks him from the Australian arm of the business)
NK will then re-list on a new exchange in Europe but this won't be done till the court cases are sorted with either them winning or Souther cross payments declaring bankruptcy and shutting down?
Though with the business in Cyprus, totally different set up and regulations, how do we shareholders in Australia get our money or hold him responsible for anything if they choose not to list again in Europe? Hopefully he does but it's a what off question?
SP1 Price at posting:
$1.07 Sentiment: None Disclosure: Held