Fees: Strategy: RBO
Put the Auditors on notice that there is considerable shareholder concern about Related Party Transactions & 'Nepotism'?.
Further:
Enquire of the Auditors the size of their P.I. Insurance, should it be necessary to mount an action against them.
And:
Is the Audit signature "A Bankable Audit Signature"? To use the jargon.
Background:
I'm 80K underwater.
Also:
I was involved in the successful OZ Minerals Class Action.
Thinking out loud:
I'm sure one of the Class Action Lawyers would love a soft well insured target!
So:
Moving forward the soft target is the Auditors.
Cheers XanaX
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