One of the best reasons to go public Monsieur Buck, is the...

One of the best reasons to go public Monsieur Buck, is the doctrine of seperate legal entity. Essentially the cornerstone of company law.
The company's MC can be borrowed against, flipped, flopped, used.
Furthermore, in the event of a wind up, all shareholders will owe zero aside from any unpaid stock.
In other words, AP is, and always has been, a corporate toy for your fearless leader.
All he has to do is chuck in the occasional chump change to keep the lights on, and copy/paste a report to satisfy the ASX and mug punters.
I swear he digs useful idiots like Bob, who dutifully dissect every word and join dots.