Good research MSN. I would go a step further. I dare say that BPG and ASIC have been communicating through the period of time but the comms from Phua would have been arrogant and not meaningful (examples of which we have already seen). Well ASIC and the ASX can see through all that bull..... I'd throw in the payout deal that Phua got as an issue as well. IMO, he grabbed bucket loads more than he should have based on some convoluted formula. I would need to research but i think the move from Soar to Noetic should have had shareholder approval. There should have been an EGM because it was a material impact on the business. The vote would have got passed as Phua has the numbers but that's not the point.
I sincerely hope we re-list (but doubt it) and agree, it wouldn't be for another 12 months at least.
BPG Price at posting:
0.9¢ Sentiment: None Disclosure: Held
