Uncommercial - meaning the "loan", the now impaired loan, to Volcan (i.e. the granting of proprietary rights over a QBL asset) appears not to have produced any value whatsoever for the QBL shareholders.
Anytime you acquire an asset and you never have to give any consideration for that asset it is quite clearly able to be regarded as 'profiting' from that 'transaction' - so yes!
And the question is; "... how can shareholders satisfy themselves that the granting of proprietary right over a QBL asset was actually transacted on commercial terms favourable to QBL holders?
Or, did another party stand to benefit?
What were the terns of the transaction / loan and why has the debt not been settled / pursued?
Follow the breadcrumbs
AGMPL - QBL - Volcan - ??
The thing about public companies is - if you look hard enough you can discover all sorts of information as they are compelled by law to make public quite a lot of information.
Holding back, page-41
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