Minutes of meeting, page-152

The onus on directors has materially changed over the last 5 years hence the spike in directors insurance. You can't just say whatever you like anymore to the market and be protected by the corporate vehicle.

It is not unreasonable that an investor would have bought TON after the statement made 1 March. If this goes to liquidation the directors are going to be under enormous pressure for their comments made on 1 March , especially given they were aware of FH already working for the firm in the background and not disclosing this to the market. There are numerous angles.

I really do think it's not going to come to needing to do that.

GL