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What would be the point in a class action? As shareholders we...

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28/01/21

09:16

Post #: 50491976
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Originally posted by Davos007: ↑

if you guys think this is a good news story, you're a bit off the mark. Andy has been caught doing something naughty, so naughty it involves a criminal trial.
the fact that the board have brought in a forensic accounting firm indicates the matter relates to fraud; if that fraud is big enough we are looking at a shareholder class action.

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What would be the point in a class action? As shareholders we would simply destroy our own wealth by crashing the share price.

AMA Price at posting: 63.5¢ Sentiment: None Disclosure: Held
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