Ann: Appendix 4E Preliminary Final Report, page-3

We can thank ASIC for the legal costs. Thank you ASIC! Companies write off loans all the time because they're not banks and it becomes more expensive to pursue the small amounts lent out than what it's worth to recover them. Moving forward the key is to not give out any loans in the first place. We should hold the doctor responsible for those loans... I sure hope ASIC do. Basically, someone got given free money at SH expense. That's not cool. This guy and anyone else who signed off on it needs to be held to account, not shareholders.