I beat VIC has been sent a letter for further explanation and...

I beat VIC has been sent a letter for further explanation and the BOD wanted to see how HDY played out. 

I am not happy with AXS, they advised a couse of action maybe to unwind the transaction or seek shareholder approval, yet in their response dismiss their own suggestions. A little odd really in my view. 

Expect an ASX letter similar to the last HDY one, basically they require a complete confession of guilt, which will not happen as the BOD are then open to legal action. The HDY response included everything but an admission of guilt. 

i think the BOD are weighing up their options of how muxh they are prepared to confess or other tactical options, like resigning / spill the board and replace with puppets. Then the ASX would be snookered as they can’t take action on a BOD that no longer exists. The entity can’t beheld responsible or the new board members. 

Who here wants to be a VIC Board Member? Lol