SO4 0.00% 31.0¢ salt lake potash limited

Class Action/Lawsuit against SO4/Board, page-6

  1. 36 Posts.
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    interesting, because the shareholders would argue they placed reliance on the 'good news stories' coming out from the management and the company announcements (presumably approved by the Board). seems a little circular, but I would say that shareholders could reasonably expect mgt/ board to be truthful - which puts the onus on mgt/ board to be honest rather on the shareholders to be overly investigative/ disbelieving.
 
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