Voluntary Suspension from trading, page-22

GH
You can't blame a few people for saying "I told you so" after the hammering and abuse they coped over the last few years.
I also posted many times about the company being in cash trouble and even posted a proposed survival plan quite a while ago which included massive downsizing, stopping all spend on projects and converting the debt into shares.
Had they done that back then rather than wait another year and waste at least $100m on dud asset developments they may have had a chance of surviving.
If all the debt is converted to shares and the oil price rises sharply they might still survive but the shareholders will be left with bugger all.
The only winners are the day traders who traded the stock and PB who made heaps out of the dividend that was paid out, the large salary he paid himself and the money he likely made from lending his shares to be shorted.