Indeed. I feel very sorry all the shareholders who supported...

Indeed. I feel very sorry all the shareholders who supported this company.
This has been a disgraceful chapter in Australian Corporate history.
I still think it is worth sending emails to Mathew Woods at KPMG as well as ASIC. Something stinks about this whole thing. At the very least Woods should of been transparent if the earlier proposals had fallen over. But, from the company, those proposals had wide support and when CNNC no longer wished to exercise the option on LHM, what was the impediment? Not only were bondholders supportive but many shareholders were also prepared to tip in a few dollars to recap the company. It looks like Woods didnt even bother, sat on his backside collecting huge fees and writing a BS administrators report.
I did some background on this guy, he seemed to have a good reputation. not anymore.