OK, I've gone through those reports & I can't see how you get what you get from it. What they recorded as cash receipts from customers, they were entitled to account for in that way. There's no fraud there. e.g. It's similar to when you go to buy a TV from Harvey Norman, with 36 months interest free finance from GE. Harvey Norman can book the revenue as soon as they sell you the TV. They don't have to wait 36 months (or more) for you to repay GE for the finance before they can factor it into their profits. Really, it just looks like BIG was screwed over by AFR's misrepresentations. Sadly, BIG's shareholders are suffering because of it. But in the scheme of things, I can't see that BIG has done anything worthy of the blame.
BIG Price at posting:
$2.22 Sentiment: None Disclosure: Not Held