hope for the future, page-2

Patroyd don't pin too much ope on the directors not being able to vote their shares. Check out CLS the MD who owned over 60% of the company all of a sudden transferred a big chunk of shares off market at a massive discount. And you can bet those shares will now vote yes on the rem report which would have had a strike for certain this year.
No doubt the same will happen here and ASIC won't do diddly squat.
It's a pity but we all know the regulator is only there to clean up the mess not to prevent it.