I would think it’s more of a workforce working from Nicosia not from Melbourne. All the work being done at Melbourne office will be done from Nicosia which is understandable as the majority of the assets and hence works has gone to ISXFEU which is registered in Cyprus. Low overhead cost compared to Australia. Redundancy for Melbourne staffer?
ISX Price at posting:
$1.07 Sentiment: None Disclosure: Not Held
