There is a chance that BAB has insurance for the Great Southern risks. However, if this was the case one should expect Ben to say so.
Personally I don't believe they have insurance which means losing the case will send them very close to the edge or possibly force them into a merger with a financially stronger partner. Shareholders have got about 12 months plus possible appeal time before they have to face the music.
I just despise the way Ben communicates (or does not). They say they will win the case but don;t tell you what the consequences of a loss and the contingency plan is. Imho Mike Hurst has not been up to his job and still is not.
look again!, page-10
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