article/some similarities to nkp case, page-39

"..Back to school young man.."

No need, my schooling was fine and I'm quite familiar with the Corporations Act.

It's about time that you got it through your head that the Directors have control of NKP. Go back and have a look at the voting on the loans to insiders. How did these loans benefit NKP retail shareholders?

Although the Directors may be prevented from voting on issues of which they have a pecuniary interest I'm certain that their Genorah mates force through any resolutions that the Directors require.