Bad Monkey, do you have any understanding of corporations law...

Bad Monkey, do you have any understanding of corporations law and ASIC jurisdiction?

The sale of Gulliver to Key is done and dusted. The assets are Key's now. There is no way a court would hand them back to EGO. Key has paid for the assets.

Were the assets sold at less than fair value? The court may deem that to be the case, then again they may not. At the time the deal was proposed the Canning had yet to explode in valuations so a case could easily be put that fair value AT THAT TIME was agreed upon. If a lotto agency sells me a lotto ticket that wins first division can the lotto agency claim that ticket back for the price I paid for it on the basis that the ticket is now worth a lot more than I paid for it?

Conflict of interest with the transfer? Hmm, none. Neither CM, KM nor anyone else involved with EGO were involved with Key at the time the transfer was proposed.