Perhaps ASIC can have a look at the due diligence history as well? Would they look at mgmt's claims that got the acquisition through? Or is that just ASX?
$1 billion pipeline, to $10+ million Changchun, to no money, no projects, and to no Isity manager - in a year. And as per the last AGM, the Isity business model was deemed unsustainable months after the acquisition.
The company's IR also has done them no favours since July 2017.
KKL Price at posting:
1.0¢ Sentiment: None Disclosure: Held
