The business world had a tumultuous 2018. But in a year of fraud, mediocrity and plain bad business, there were some shining lights.
Totally Unexpected Corporate Collapse of the Year
After being one of the best performed stocks on the ASX in 2017 and hitting a market value of $840 million, video production and boiler room business Big Un experienced somewhat of a fall from grace, after the AFR revealed that its customers were only able to pay their bills after being lent money by a company associated with Big Un. It has since been suggested by Big Un’s administrator that the business was most likely insolvent in 2017.