"Based on information provided by HDY’s share registry, ASX...

"Based on information provided by HDY’s share registry, ASX understands that the Additional Parties transferred the Consideration Shares they received off market immediately upon receipt of those Consideration Shares to Horatio Street Pty Ltd (an entity which ASX understands to be controlled by Darrin Blumenthal, the managing director of Everblu), Anglo Menda Pty Ltd (an entity which ASX understands is controlled by Adam Blumenthal, the chairman of Everblu), and Pacific Continental Holdings Pty Ltd (which appears to be an entity associated with Jordan Shamir, an employee or EverBlu)"

my quick dummy read picks up additional parties, ie vendors subs, transfer some shares to essentially to benefit Blu.

So ?? Blu in a special handshake, get a shite load of shares for what? being introducing agents? (i'm guessing ?? speculating?)

The consideration is the same, whoever it goes to.
What we shareholders ought to focus on, is that the directors have paid fair equity, dilution for assets.
Why is it important who gets the vendor shares?

I have no idea, but i could imagine that they (blu), identify the asset and deal, and say to the impoverished vendors, we can get to you asx shares, but we want a cut. ??

thats just a guess. No idea really.