LIQUIDATION & BALD HILL FOR SALE, page-510

This is from AFR article, www.copyright link/companies/mining/failed-lithium-miner-under-nose-of-corporate-watchdog-20200205-p53y0m

"The KordaMentha report outlined concerns that Alita may have been trading insolvent for about two months before its collapse.The report also drew attention to a $1 million payment to Alita adviser Canaccord and a share trade by the wife of a company director that it said may need further investigation."
"KordaMentha said in December that it had identified a number of possible breaches of the Corporations Act that on the information available to it needed further investigation.The possible offences include insolvent trading, unfair preference payments, breaches of director duties and breaches of continuous disclosure requirements.The administrator's report said Alita may have been insolvent from early June when JBJL, a joint venture between China's Jiangte and Burwill Holdings, ceased taking shipments under an offtake agreement."