Bit rought to call it ambulance chasing. I see it as them merely doing something quantatative to bring director's to account for not doing their job properly.
I posted at the time of the trading update announcements earlier this year that the information provided was wrong and misleading.
If they succeed with the class action then it can only lead to a better informed market-place.
Then again, if ASIC did their job properly then such debacle's would not occur in the first place.
class action, page-2
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