EGO 0.00% 12.0¢ empire oil & gas nl

38Trader,>>Surely the amount there still needs to be covered by...

  1. 1,261 Posts.
    38Trader,

    >>Surely the amount there still needs to be covered by the individuals who choose to take action though, and not by the company?<<

    I agree with you but I cannot see a way in which the Board decision, assuming there was a formal meeting and vote on the matter, can be overturned.

    It seems to me that there was a serious conflict of interest from the three Directors, who are the Plaintiffs, but without access to the Board Minutes that remains "opinion" not fact.

    Best wishes,
 
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