Ann: Voluntary Administrators Appointment, page-89

Was always going to happen.

What a shame, had such promise. Kicking myself I didn't sell when GXY got out. Had lost so much on paper there wasn't a lot of point selling the last couple of years. To those with large stinging losses, feeling for you

Hard to argue with the sentiment around management walking away fully loaded without repercussions. ASX desperately needs tighter laws/watchdog powers to protect SH somewhat.

Lesson learnt for me, been burnt a couple of times playing with penny stocks.