Ann: Voluntary Administration, page-3

A privately owned company, or a family owned company, would never have had this company ARW, cost structure.
Small listed companies, like this are just a feeding frenzy, for management and board members.
$800,000 a year for a CEO, might be appropriate for a very large company, but, for a company this size, it is just insider chums, ripping off the idiots who were stupid enough to buy the shares.

Well, I hope the scam ends now, and no more wage entitlements, get paid.
But, of course,the insiders will feast further.
The shareholders are treated like the scum of the earth.