Yes Simgrund
I am also mystified as to why ASIC has not placed an injunction on these proceedings until a High Court decision is handed down. That is an enormous insurance premium paid by ARL in a relatively short period, which ultimately mean our money is being used as John has succinctly pointed out " to cover their Butts " . Is it not the height of irony that any possible future legal ramifications, regarding these ARL transactions, have to be paid out of our pitiful remaining assets.
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