All valid points and ones which have largely kept me on the...

All valid points and ones which have largely kept me on the sidelines except for a small holding. Funnily enough I was going through the same thought process on point 4 and I broached the subject with another shareholder with a legal background. Why not mediate/settle for a reasonable sum (eg 5-10M) versus defending in Court with the associated costs. Their view was that even with remediation/potential settlement with these Regulators it usually goes through the Courts as part of the process and chews up large legal fees. Perhaps that is the case, I am uncertain. However I'd rather see how this plays out and protect my downside for now than jump in with both feet. The political/macro environment in Aus/NZ is not particularly friendly for these types of lenders. I remember the Cash Converters saga from a few years back, not where we want to be.