The second last paragraph of today's announcement shows "directors very much regret these circumstances have come to pass."
Regret? Is that all they can say? What have they lost? except for one director virtually nothing.
How about they do the right thing and benefit the company by exercising all their free options they gave themselves.
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- Ann: Empire Oil Company(WA) Ltd enters voluntary administration
Ann: Empire Oil Company(WA) Ltd enters voluntary administration, page-19
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