In my view the directors have not been acting in the interests of retail shareholders for a long time. Jenkins controls the company and the other directors do his bidding. Hard to believe any directors could have approved fees for underwriting a their own capital raise, but these guys did.
Apart from Jenkins providing additional convertible loans, how can any debt funding be secured?
Might have sailed a bit too close to the wind for the last auditors, and now the new ones might be wondering whether the fees are worth the potential exposure ...
Sentiment remains "sell" as it was 6 weeks ago, but now it might be a moot point.
PS: best to deal with the material rather than insult posters @macrom
(20min delay)