The thing for me that still doesn't pass the pub test. The...

The thing for me that still doesn't pass the pub test. The directors, probably with shareholders funds, paid insurance to indemnify themselves from???

Why would they need that insurance if the company is run in the best interests of shareholders and within the corporations act?

Then we hear the latest audit cannot be ratified to meet the standards. What were the previous auditors doing and why did they resign / get pushed? The current liquidator was appointed by the WFL board, do you think they will find any wrong doing? They compiled the latest audit quizzing director and previous audit trails.

All we need now is details of this so called proposal involving the usual suspects. I expect it'll involve the usual result, screwing all those that ended last year with the misfortune if holding shares in this shambles.