Wow. While it's a bit embarrassing for Strauss that he didn't...

Wow. While it's a bit embarrassing for Strauss that he didn't verify Macdonald's claims himself, actively lying to a shareholder about terms of their holding (if Strauss's claims are true) is an incredible breach of responsibility as a director. You can't do that!

idk how ASIC is going to get $15M out of what's left of the company. I imagine ASIC's representatives will have (further) strong words over the Federal Court decision that let them up sticks and move to Canada. I don't think even the already successful civil litigants are going to get their full payment, much less $15M for ASIC.