At what point does management behaviour draw the attention of the watchdog? There are certainly similarities to Australian Bight Abalone ASX Code: ABA and RNL.
It is hard not to think of RNL when you read the third paragraph of the attached article from Adelaide Now.
http://www.adelaidenow.com.au/busin...s/news-story/0ec9639f452ded38d17865a7e3f63222
Good to see ASIC has some teeth.