Ann: SGH advises Watchstone Group Plc of claim under SPA-SGH.AX, page-148

Walking Eagle ,as you say the buck stops with the AG and the Board particularly the Chairman. ultimately it was their decision. You can have the best advisers available but they do not take the vital final decision.. The apparent madness was the transformational nature and size of the purchase. in a foreign jurisdiction where many other Australian companies had failed with acquisitions much smaller given their size. Why did they think they could succeed where others had so regularly failed? Hubris? Accretion by buying small legal practices is quite different to buying a division of a large listed company surely.