If you read all the press prior to and after the suspension, and...

If you read all the press prior to and after the suspension, and interpret the consistently bullish messages from the company, you wonder just what went wrong? Was management incompetent, stupid or deceitful?

Take the one asset that was the heart and sole of the business which is flogged in a fire sale minutes before the company was tipped into administration? Why? Will the administrators investigate whether shareholders were well served? No. It is a little too cute for me. I just wonder whether there were some unknown third parties involved who advised a weak Board to go down this path. And then when there is no independent Board member, one is conveniently appointed at one minute to midnight to approve a deal that most probably has been cut. And what happened to the $1M CXN had in the bank? What was paid out to "advisers" and for what. Anyone smell a rat?