their is clearly a case here. it's not rocket science to suggest some sort f dodgy dealing was done. That several directors should be held accountable for their actions. But how do we get the ball rolling ? can you complain to ASIC? wuld they have to investigate. does it just cost way to much or can you just put a few facts to them to explain the case? I think several questions need to be answered.
Like what attempts where made to refinance this 100mil. Why was it that a investment bank with billions of dollars couldn't raise 100mil for a trust they where managing.
Where distros held of to keep the SP down? was their a conflict of intrest in several transactions where the manager was acting favourably towards their position to overtake the company rather then the shareholders they where representing.
Id be happy to contact ASIC if I knew how or where!
EDT Price at posting:
7.7¢ Sentiment: Hold Disclosure: Held