It will be under watch for many years to let it not do any anarchy.
Now the compnay should run fine. All including the Rajen will want to see his rise of the sahres he is holding. If the share price rises, he can sell to cover the loss. So, there will be some progress in the upciming months to show ASIC that they are now following the book. Rajen will also need to clean his image by helping the new management to make the company attractive to the new and existing SHs. So overall Good Time ahead!
I do not see him as the fourther in the top holder:
https://www.marketindex.com.au/asx/hct
Can anyone send me the link of the updated to 20 holders?
Ann: Court Judgement and Board Changes, page-8
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