Is the ATO inept or is it corrupt in its pursuit of >$10m taxes from our ISX and ISXFEU CEO, John Karantzis?, page-8

Interesting @hectorc74 that Graeme Samuel didn't even bother to attempt to get an explanation from JC - just left. Why? There could be many possible explanations:

1. He didn't care if there was an explanation. He was for self-preservation - regardless.
2. His vision for NSX was not the vision of the other directors and he hadn't succeeded to get others onside.
3. NSX directors hadn't given him the power he wanted as quickly as he expected
4. Something else.
5. All of the above.

What is impressive to me is that not one of the ISX directors has run - they are right there alongside JK fighting. As a result, they are now going to be spending some of their time in Cyprus and some of their time in Australia. I couldn't think of anything more exciting and wonderful.

I missed out on going to Cyprus in any of my sails on the Mediterranian. Recently I did a bit more reading on this little island and it sounds idyllic - at least in the Greek part of the Island where the literacy rate is 98% (99.8% in the ages of 15 - 24 and the male and female literacy rates are relatively equal with 99.80 percent and 99.84 percent, respectively). And what a will! This little island won its independence from Britain and Turkey in the last century, so it is not averse or frightened to fight the "big guys". A fitting environment for ISXFEU and its management.