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clock Created with Sketch. 23/11/18
10:13
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Originally posted by dgb99.94
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The system is bankrupt. The banking royal commission has proven what most of the population suspected. RCR are not bankrupt , just short on liquidity ( Banks again) . Certainly the management are at to blame . I pointed that out that they are one of the culprits. The administrators are just parasites who feed of the body. They would rather be an undertaker than a doctor. Apparently old mate Gupta is a good bloke , but ARI should still be in the original shareholders hands. I have seen it as well with farming and milling businesses around my neck of the woods. Soul destroying stuff , that you obviously have not ever experienced.
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Another governance, risk and compliance in Australia casualty.
Last edited by
JCoure :
23/11/18
(20min delay)