Lunch Money, page-23

Definition of fuduciary duty.
When one person does agree to act for another in a fiduciary relationship, the law forbids the fiduciary from acting in any manner adverse or contrary to the interests of the client, or from acting for his own benefit in relation to the subject matter. The client is entitled to the best efforts of the fiduciary on his behalf and the fiduciary must exercise all of the skill, care and diligence at his disposal when acting on behalf of the client. A person acting in a fiduciary capacity is held to a high standard of honesty and full disclosure in regard to the client and must not obtain a personal benefit at the expense of the client.
Have directors performed their duty? Have ASIC been alerted and have they performed their duty?
If a case could be won what would the Directors liability be. Maybe not monetary but to have them not work in the ASX would be a win for future investors.