A Gold Coast cryptocurrency miner was authorised to provide financial services for less than seven months despite operating for six years.
Creditors of the collapsed budget airline were told that it owed more than $100 million to backers, customers and staff after going under late last month.
Soul Patts’ $3 billion offer for the asset manager set the stage for whirlwind negotiations and accelerated a sale that private equity firms had eyed for years.
The term sheet talked up Pantoro’s “significant” growth potential.
Property mogul and entrepreneur Shaun Bonett has a fortune of more than $2 billion, according to the Rich List. Those valuations might not live up to the hype.