The biggest outcome from Friday’s court findings is the...

The biggest outcome from Friday’s court findings is the Performance Shares being legal. Yes some mud will stick regarding the Visa disclosure and 15% non recurring revenue but put these into context in the world of investment and what other organisations have been charged for it seems a storm in a tea cup.
Now back to the performance shares. JK now legally owns by far the largest number of ISXFEU shares. The judge’s ruling just cleared the runway for the shares to float and JK will do whatever needs to to get this done. If it means move aside and appoint a new CEO does anyone truly believe he wouldn’t for his pride would allow him to forgo 10s if not 100s of millions of dollars …. Doubt it.