How were FC so stupid to allow BIG to draw so much...were they mislead as well? Seems they risked a lot without knowing what was going on...that seems strange.
The deception in the 4c’s is unbelievable.
I kinda thought the asx would have something in place to ensure those figures are vetted. How can we believe any cash flow statements from any company on the ASX?
Unless Australia is a completely Wild West trading environment, surely ASX holds some culpability here, and surely there’ll be some fallout like 4cs requiring auditing. If nothing comes of this don’t see how anyone can have any confidence in any ASX listed stock.
It’s all too lol to take seriously.
AFR article post BRTV creditors' meeting, page-21
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