Nobody wants to see The company wound up. That is in no ones best interest. A class action will put the Directors on notice that they are the ones who are responsible for continuous disclosure, corporate governance and protecting shareholders interests.
I continued to invest because of their statements and assurances, which we now know were not entirely true.
I would like to see the Directors personally pay up, but they will be insured, which in a worst case scenario means shareholders get some sort of return, from the insurance company. We are still able to progress a class action, even if the company continues trading, which I hope it does.
Personally I cannot understand why we shareholders would sit back and be treated this way.
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