Can never ever say never. But seems unlikely in my opinion.
Slaters made an acquisition and clearly paid too much. That's not against the law. It's unfortunate.
The accounting "irregularities" are being resolved and ASIC is taking a look.
Company recently re -iterated guidance.
Fingers X that shareprice recovers to capture some of this lost value/confidence.
Hard to imagine folks were buying yesterday to book a mostly unfranked dividend.
Favourable ASIC report could easily mean the sorters need to cover, and fast.
Happy Friday!
(20min delay)