Just days before Adrian Ballintine was booted out of NewSat – the collapsed satellite company he founded – he took to the warm waters of Queensland's Coomera River aboard his latest luxury motor yacht.
A photograph posted on the website of Cresta Motor Yachts on May 27 shows a beaming Ballintine on the deck of Cresta's new 22.30-metre long motor yacht, named the "70", alongside his cigar-chomping son, Tim Ballintine, and other friends. He looks an untroubled man.