brett cole_the aust, page-9

this is from asic web site about company director's duty (http://www.asic.gov.au/asic/asic.nsf/byheadline/Directors+-+What+are+my+duties+as+a+director%3F?openDocument)

"Generally, in addition to the requirement to ensure compliance with general and specific laws applying to your company’s operations, your primary duty is to the shareholders. However, if your company is insolvent, or there is a real risk of insolvency, your duties expand to include creditors (including employees with outstanding entitlements)."

the directors definitely broke the duty of care to the shareholders. they betrayed us.

all they did after the suspension was for creditors' interests.