new board liability, page-25

Yes, during their so called 10% takeover, it really showed how weak the previous fat cats were, I mean, fancy buying SBS's 1gmm dirt, that was typical of them in between telling everyone how good they were, but walked away at the drop of a hat, big wages were the game then and probably will be now, "shonky" is being very kind, wonder what Kennedy is cooking up now he has moved to arms length?, expect a lot more dodgy deals to get at that remaining cash.
I do not understand why ASIC are standing aside and allowing this rort to play out.