The fiasco will unravel this year.
Articles published today revealt that:
1. DSH borrowed an extra 30 million in Dec with 10 M to be paid back per month
2. DSH called in the administrators Dec 23rd - entering voluntary administration Jan 4th.
The board did not inform the 'public' of either. I believe the board should be held personally responsible (it will have to be proven that they traded whilst insolvent or similar which is not an easy task).
http://www.copyright link/street-ta...-keep-dick-smith-banks-at-bay-20160114-gm5qju
http://www.smartcompany.com.au/fina...rnt-after-the-first-meeting-of-creditors.html
