ASIC are aware of these directors' past history. You'd think they'd be put on some sort of watchlist or have a red flag against their names.
I just found this....ASIC blocked a prospectus that Future Corp tried to kick off, but was stopped because of their $57.5 million loss!.
I couldn't find the full article but the snippet is https://www.highbeam.com/doc/1G1-104689040.html
Here's the prospectus (p10 - reports the losses) - Prospectus
ASIC are aware of these directors' past history. You'd think...
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