Obviously management did no know, they were asleep at the wheel!!!
Given the movements in their share price and the consequences upon reporting, the ASIC/ASX should have a very close look at all parties involved.
I would be very interested if any sellers had any relationship with the IT firm that completly stuffed up this project. I hope they have paid up their insurance!!!
fy net 20.56m down 40.88pc, page-3
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