The main item in this announcement to most here is the note that ASIC have advised that no further action will be taken following the Section 33 notice from January. So despite all the shareholder complaints, ASX queries, misleading announcements, shares issued to friends and family members, the ice cream machine fiasco etc, ASIC have concluded that nothing untoward has occurred that warrants any regulatory action.
Looks like they also ended up paying Konigs personal credit card debt he left as a departure present to shareholders.
LWP Price at posting:
7.0¢ Sentiment: None Disclosure: Not Held