WFL 0.00% 0.3¢ wellfully limited

Ann: Administration Update, page-37

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  1. 405 Posts.
    lightbulb Created with Sketch. 34

    I seen it happen before personally, not naming any name or companies (unless you can figure it out from the chart). When the pigs are at the trough mate money disappears extremely quickly. Business/first class flights/accommodation, corporate boxes/ front row seat to Clipsal, footy, knees of fury (that’s what it was called back in the day), fine dining with best bottles of wine etc etc etc. all ‘corporate expenses’. Not sure if that’s what happened here, it doesn’t look like it but don’t underestimate peoples ego to want and expect to live like royalty.

    https://hotcopper.com.au/data/attachments/6222/6222283-584129e54a393e6164553799d6c0e567.jpg
 
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