Ann: Trading Halt, page-117

If this goes into another suspension (maybe a long one) it should be easy to show negligence with damages caused to shareholders. I would think there is room to file a claim against management and the board for not acting according to their duty of loyalty and care. They should have a D&O policy in place for these cases. Even if we get $50MM its quite a lot for this company. Not saying this is the preferred route but there are certain mechanisms in place to protect shareholders (ASX has clearly done a poor job doing so). In the end of the day, management has not followed the rules and has caused damage to shareholders. That might be the bottom line. Again, i still hope things get back on track with a positive update tomorrow but there is that....