Ann: Cape Lambert to Execute $15m Funding Facility, page-63

Interested to know where / how else is TS sending $ down the drain ?
https://www.goal.com/en-au/news/tony-sage-reveals-the-millions-los/1d7ze2kfq280a16mjs6ixmi6lk

Looks like he actually is PROUD OF LOSING money - quote:
"The 58-year-old entrepreneur says he has no regrets despite losing more than $AU2 million every season,"

I wrote on HC over 2 years ago (https://hotcopper.com.au/threads/ann-company-presentation.3271643/page-3?post_id=23069894 and https://hotcopper.com.au/threads/message.2517712/page-11?post_id=15404285) that CFE was a joke, but it not just that now - it is a disgrace.

Where is ASIC in all this ? Are they blind ? They send speeding tickets all over the place , yet they sit silent with things like that.