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Some red flags for me, am stuck now but am really surprised that...

  1. GoldStar112
    959 Posts.
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    06/09/23
    17:26
    Post #: 69758279
    Some red flags for me, am stuck now but am really surprised that an ASX listed company is able to make these kinds of payments to a related party

    Cho basically controls this vehicle anyway and gifting shares to the directors to infinite dilution is basically the way to maintain that control

    The Wild Wild West of ASX pennies
    IVX Price at posting: 0.5¢ Sentiment: None Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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