the problem here is that the big players, the lazards, thorneys etc will just write it off as being involved in a class action will take up too much management time, and Lazard led the fund raising. Were the accounts in order prior to this, that is the question? Unfortunately $20m was not a material error at that time when there was an order book of $5B unlike centro where the significance of the error was much greater...Catastrophic, and was actually proven to be so...What other causes of action are there?
HST Price at posting:
16.0¢ Sentiment: None Disclosure: Held
