Regarding new business model, I think for time being their hands...

Regarding new business model, I think for time being their hands are tied by ASIC/APRA to make way for St Andrews acquisition, we're going through a time where regulators are demolishing the vertical integration model in the finance industry. If there's nothing else at all in the pipeline, its seems unlikely an external consultant would step up to CEO with a high profile Chairman joining what they already know is obviously a dead ship. Regarding directors running for the door, Freedom has already "gone down" as it current stands, however the founder and Forager hold 40% - 50% of the company and haven't sold anything yet, so it is likely the ex-directors selling their "free shares" every-time there's a run up in share price as you mentioned. Yes definitely interesting to see what happens..