That's never been answered. Why would you set up a trust account in the first place? Trust accounts are expensive to set up and expensive to administer. As opposed to, I dunno, going to the NAB and saying "here's $30m I'd like to put into a term deposit please" which costs nothing.
And according to this latest update, they pushed $60m into this trust account!
Of course, if money is in a trust account, spending out of that account no longer appears on the company's books. But I'm sure there is a completely innocent, valid commercial reason for this and that has nothing to do with it.
DUB Price at posting:
22.0¢ Sentiment: None Disclosure: Held
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