Gotta wonder what the "agenda" is in the Boardroom - example...

Gotta wonder what the "agenda" is in the Boardroom - example from Aust article -

"It also initiated arrangements to retire high-cost debt put in place during the previous administration. This included a $50million CUB (committed underwriting bond) facility, arranged by Chimaera Capital, which is associated with Ian Pattison and Sal Catalano. The CUB facility had an annualised return of 45 per cent. "

Knight was the Chairman when this was put in place, not previous administration.

The interest rate was 9.75% pa and according to the company they only ever used $20 million of the facility.

According to SGL's announcement to ASX, there were no break or penalty fees. So where did the 45% interest rate come from?

To quote another well known shareholder of another company, are we being "profoundly misled"???

Why is Chairman leaking this stuff? You must wonder.