1MC 9.68% 2.8¢ morella corporation limited

[email protected], page-104

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    Even if by some chance Aus Super did not lend the members AJM shares to shorters, which I doubt it, IMO they colluded with another company and has been helping them to buy the assets of AJM therefore preventing the refinancing from happening.
    Also irrespective of the investment risk you consider AJM to have been over the past 12 months the reality is that members bought the AJM shares through Aus Super and paid them an account management fees.

    IMO they failed to act in good faith towards their own members and put the company's self interests and profits ahead of and to the detriment of their members. Which is why I suggested that Au Super should be added to the list of defendants in any class action lawsuit.
    Of course I can see how some people would disagree with this, even more so if they stand to gain from the collapse of AJM because they happen to be PLS holders, but that's what the courts are for. wink.png
 
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