there are lots of great companies listed on the ASX. I'd...

there are lots of great companies listed on the ASX. I'd suggest you put your money there.
I sold half my holding at 11c because that was clearly an insane valuation. I should have sold it all. the second half I sold a few weeks ago.
these results confirm my suspicions.
Maybe there is "nothing to see here". Maybe there aren't any dodgy related party dealings.
maybe the Singapore numbers weren't fraudulently massaged to get the earn outs. Maybe the Director resignations were nothing to do with decent people being unable to ignore the above points.
Maybe the collapse in earnings is purely temporary and will recover once government support stops.
maybe these new purchases are going to have earnings growth of 30% per annum for years to come.
(how many maybes was that?)

but why put good money here when there are so many better run, profitable companies with none of these questions hanging over them?

Best of luck if you hold, it might all work out but be prepared to lose it all.