ASIC cant ban him from directing oversees companies. But LSE does, and I think Nasdaq too, have requirements for listing around good standing with foreign regulators. Its all fully documented. I would guess that JK/NK being a named defendant and accused of what ASIC have accused him of, that neither will allow us to list with them unless he's exonerated or removed from the company. The "market conditions" excuse doesnt hold water to me.
Being a major shareholder does make it tricky if he is found guilty and refuses to resign.
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