"Questionable", page-14

It would seem the administrators disagree ...

https://au.news.yahoo.com/thewest/business/a/29194388/no-go-for-kdl-ellendale-offer/

Jirsch Sutherland said there were “a whole lot of issues” around the collapse which required further scrutiny by forensic accountants and the Australian Securities and Investments Commission.
“We’ve asked ASIC to look at it, we hope they do,” Mr Arnautovic said, urging KDC’s former workers to “push along” the regulator. “They don’t have the best record in pursing various matters, so the more follow-up that occurs might help the result.”