What a crook! Anyone care to guess how he engineered the bankruptcy? Assets in his wife's name? Offshore bank? Platinum AmEx card based on a Cayman Islands bank?
Meanwhile, the rest of us will have to resign ourselves to losing all that we had invested in there, I guess. I suspect that it will be unceremoniously dumped when (if) relisted.
What a pity - although not ALL the blame can be levelled at Ferrone - it was the underlying financial troubles that only came to light when investigating the Ferrone "loan" that are the root cause of the company's failure.
I have an ominous feeling that AWS will either never get relisted and just go to the wall, or else it will relist, then crash.
Pity - so much potential...... :(
AWS
australian waterwise solutions ltd
What a crook! Anyone care to guess how he engineered the...
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