Mmm,
There was a lot of info on the listing update the other day but it felt BS. The language was suspect, it was pushing a narrative and that was delay, with too much justification that was out of their control. It felt disingenuous, Excuse, excuse. I don’t buy it. The impediments to listing are simple procedural issues. It’s not that hard to list a Company if you won’t to do it.
Is it because it’s a Cypriot domiciled company? ( That would be ironic)
Is it because Karantzis is about to be banned as a fit and proper Director?
Is it because Cypriot companies enjoy a favourable tax rate?
Is it because Karantzis doesn’t want to be exposed to a Jurisdiction whereby he can be held accountable?
Is it because he’s avoiding prosecution on a unfavourable outcome of Lakspur/ Edmonds?
Is it because he’s going to fight the ASIC case and appeal?
Is it because he can’t get broker sponsorship to list
Is it ?
Is it because he wants more traction with their open banking solution that mimics the card process?
Is it that the ATO case is still on foot?
Is it that he wants to negotiate the potential ASIC fine?
I’m convinced there are reasons not listed in their response the other day.?
