44 The appellant was aged 41 at the time he committed the offences and 51 at the time of sentencing. He had no prior or subsequent convictions. He ceased share financing and trading in Intrepid in April 1998. References and character evidence spoke of the appellant's honesty, personal integrity, social contribution and charitable contributions and works including in relation to the welfare and advancement of Aboriginals in the Northern Territory. As the sentencing judge suggested, it is difficult to reconcile the evidence demonstrating his good character and reputation with his offending and lack of remorse associated therewith. Ordinarily, rehabilitation requires insight into the wrongful nature of the conduct, remorse for that conduct and action taken to address the cause of the offending. However, based on the character evidence and the sentencing judge's finding that the appellant had conducted himself appropriately over the previous 10 years, it may be accepted there was little if any likelihood of the appellant re-offending which in turn reflects progress in rehabilitation. The delay facilitated these assessments. Further, the appellant's extensive admissions on factual matters, albeit made at a late stage, facilitated the efficient administration of justice. It is also relevant that as a result of his convictions, the appellant was automatically disqualified from managing a corporation for five years from the date of his release from prison.