Either this was just a coincidence or this news seems to have...

Either this was just a coincidence or this news seems to have spooked an investor....11m shares today and it seems that ~10m of that was 1 seller in the morning at 10:27

Not huge from a $$ perspective, but certainly enough to move this thinly traded microcap.......perhaps someone has some insight into the result of this court case, and it would appears that the ACCC levied decent penalties on some other providers (although not sure if PP was in the same league as those others who gamed the system, not to mention that SIT bought PP in the middle of all of this and a decent chunk of revenues they reported in 2015-17 was never paid by the govt....nevertheless something out there that cannot get quantified).

This is on the annual report:
Legal claim contingency
As noted in the Directors report, the ACCC has commenced civil proceedings against Site,Productivity Partners and two former executives in relation to enrolment practices of ProductivityPartners. An estimate of the financial effect of the matter has not been disclosed as it is not yetpracticable to determine such an estimate, having regard to the timing of proceedings and theprevailing uncertainty surrounding the outcome of these proceedings. The case was heard in June2020 and after an initial adverse finding on 2 July 2021, this decision was appealed in May 2022.Following a 2-1 majority adverse decision the company received in April 2023, Site proceeded to seekleave to appeal the decision on 5 May 2023.