co relation between AON and ENT

I am a shareholder on both ENT and AON at present.
For entertainment purpose, I figure it out potential arising events on AON.

1. our company has 30% free carried interest at FR tenements.
2. ENT holds about 2.8% (2 mil shares after 1-for-10 consolidation) of AON
(according to Sep 2015 Annual Report)
3. AON current total issued about 78.1m shares
4. AON announced 1-for-4 share consolidation again after some time ago 1-for-10
(shareholders approval required)
5. After consolidation it will be roughly 19.525m shares (ignoring any options)
6. AON plan to issue 30,000,000 (30m) at 5 cents
7. AON chairman will buy $200,000 worth of new shares 4,000,000 (at 5 cents)
8. Even AON did not reveal how many shares go to Ian Middlemas' private company
I assume between $1m to $ 1.3m worth of shares, so between 20,000,000 and 26,000,000, say 23m shares
9. Then total issued shares could be roughly around 50,000,000 (5m) shares
10. As a result of that Ian Middlemas to be a top share holder about holding 23m/50m (46%)
11. Investing only around 1.3m or so, he can be 1 top shareholder of AON
12. It seems almost likely current chairman to be 2nd or 3rd major holder

13. ENT's FR value could be after successful drilling at Plato (Plato north first) about $ 1 billion in light of SIR
14. AON said it identified 6 to 10 target areas, so we can add roughly $ 6b to $ 10 billion market cap
15. Therefore, if everything goes right direction, ENT's original FR's valuation could be $ 7b to $10 billion
16. AON's 70% holding value could fetch roughly $4.9b to $7 billion, or conservatively just $1billion
17. Potential major holder (about 46%) Ian Middlemas and another to be major holder AON chair are going to
absolute control and almost own potential market cap of $1 billion (possible to $7 billion) AON by investing
altogether only about $1.5m investing.

Even all these stories are not yet realized events, but under 'law and order' alive one of most advanced democratic country Australia, in Australia are these things really possible under Australian Corporation Law allowing?

Any comments are always welcome.


Regards,