Let’s recap, as this IS the MOMENT that PIF is frozen at....

Let’s recap, as this IS the MOMENT that PIF is frozen at.
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NSX 021738619 Litigation Update – RE Claim Wellington Capital Limited as Responsible Entity of the Premium Income fund is pleased to announce it has reached an in-principle settlement of the claims by it against as Responsible Entity of the Premium Income Fund against KPMG, as auditor of the Fund.
The contemplated terms of the settlement deed are confidential to the parties and are to be the subject of a Settlement Deed, still to be negotiated.
Wellington Capital Limited as Responsible Entity of the Premium Income Fund will make a further announcement if and when a binding Settlement Deed is executed.
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From my perspective, I don’t see Dgenny thumping her chest with exclamations from not so distant past:
“I believe this is in the best interests of the members”.
Nor does she mirror member wishes to overwhelmingly reject this possible doomsday outcome for PIF before it reaches the Desk of Fateful Judgments.
There is absolutely no Legal Impediment for WC as a Responsible Entity NOT TO show true solidarity with members and REJECT! REJECT! REJECT! this abominable proposal in its infancy.
Disastrously, we are presented with:
[[[… is pleased to announce it has reached an in-principle settlement of the claims ]]]

Not for the first time am I trumpeting a cause.
Could be the first time for tangible responses to show up.
Be especially aware of update words in triple brackets.

Huh, ‘frozen moment’ I say.
That is not the freeze I campaigned for in the past!

Regards,