A40 alita resources limited

Ann: Shareholder Update Section 444GA Application, page-8

  1. 19,393 Posts.
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    Hi CY, yes the focus really needs to be on the Directors, they have/had legal responsibilities to shareholders. It's any breaches of these responsibilities that will likely lead to compensation. Other parties, such as creditors, really have no obligations to shareholders and thus conspiracy theories etc around their actions are unlikely to get anyone anywhere.

    The VA has already flagged some areas of concern in this area so I think people really need to focus on these types of issues if they want to get class action lawyers interested.

    Just my opinion though
 
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