LINC ENERGY LTD (ASX:LNC) - New announcement-Board changes, 15747218, page-22 - HotCopper | ASX Share Prices, Stock Market & Share Trading Forum

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retep

127 Posts.

04/08/15

13:10

Post #: 15747218
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Originally posted by Riskup ↑

CV, I didn't lose enough to drive (or fund) an exploration of whether there would be grounds for such an action.

I am not a lawyer, but IMO the issues might be:

1) Do you believe there were any announcements made that were knowingly false?
2) If you believe 1) how do you prove it (evidence?)
3) Would you sue the company, or PB himself?
4) What would be the relevant laws / which jurisdiction?
5) What are potentially recoverable assets?
6) What is the expected chance of success?
7) Is the effort / cost worth the potential return.

Please be aware I am not saying that anyone PB or others knowingly made false statements etc, that I don't know.

Cheers

Risk

CV, I cant think for the life in me why some one would come up with all of the above suggestions and then cover their butt by saying, (Please be aware I am not saying that anyone PB or others knowingly made false statements etc, that I don't know.)
What I can say is that it is my opinion that PB has been irresponsible in the past, is irresponsible now and has shown me that he is incapable of being responsible in the future.
He is an egotistical, self opinionated gambler. who has had a couple of good wins.

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LNC Price at posting: 99.5¢ Sentiment: Hold Disclosure: Held
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