In regards to your comments about having to supply so much information to the ca firm, I find this very curious. They've apparently stated they're well advanced in the claim. If this is true, they should have a pretty firm timeline of events established & the only information they should be requesting is the dates shares were purchased; the number of shares; the price paid; dates of share sales; number sold; and price received.
Are you talking with the law firm or their PR company? It sounds like a fishing expedition.
IMO no concrete litigation will commence until all investigations are finalised & culpability is determined. Then there may be a few law firms wanting in.
The burning issue right now for shareholders is the appointment of an administrator. And remember shareholders are the ones paying the administration costs.
The directors can appoint their chosen administrator (who won't undertake any investigations); or An application can be made to the court to appoint an administrator (who will undertake investigations).
PET Price at posting:
2.5¢ Sentiment: Sell Disclosure: Not Held
(20min delay)