Ann: Redflow enters Voluntary Administration, page-121

It's been an expensive session learnt investing in penny stocks. My opinion is that zero attention should be given to announcements and investor presentations.
Its all full of absolute c$@#. The aim is to keep investors eyes on the horizon and be as generalised or ambiguous as possible. ASIC can be played too easily by these scumbags.
Mr Harris remuneration approx $450k, I don't think he bought any material amount of shares. Its hard to believe that he didn't know that the product was rubbish.
The latest financials showed approx $1.2 revenue and $1.5 warranty provision. That's all that matters. All the other announcements either ignored or brushed over this massive consideration.