Announcement out today regarding appointment of PKF as voluntary...

Announcement out today regarding appointment of PKF as voluntary administrators.

So let me get this straight, they are going into administration despite:

1. Raising $2.8m in early December
2. A director bought shares (albeit small $18K parcel) on market as recently as 5 December - did he need a capital loss to offset some capital gains?
3. In an announcement on 7 December they stated they were going to defend the Integral Energy court action as they had paid all amounts owed to Integral?

What a joke.