In my opinion this claim has no merit. They can try but it won’t...

In my opinion this claim has no merit. They can try but it won’t fly.

no harm trying since Shine is taking advantage of the massive dip in share price to create a case. And their pitch is no fees if no success.

Let’s think logically, if EML requests a trading halt every time they receive a letter from regulators, that would be disruptive.

Pretty sure banks get that very often, but do they halt trading for that? No. So that’s a lame shot.

If I might add even the Morans thought the CBI simply highlighted a control deficiency. He argued that there wasn’t a need to disclose to the public this matter. But I would think that is rather extreme.