Mate, i think Warnie said it best a couple of weeks ago: The...

Mate, i think Warnie said it best a couple of weeks ago:

The only company that should be sued is the investment group stumping up $75m of their member's hard earned cash. They bought at the top, they are idiots, and did not conduct their due diligence, it's pretty simple.

The revenue figures and cash receipts were/are all there to see, nothing to hide, so they stumped up $75m at $4 share based on current and hopefully future income streams, that's again not GSW's problem is it?

Your arm is not twisted, they are an investment firm, they make the decision. Not sure how binding the contracts are, find out, ask questions, do your research, From memory they approached GSW, not the other way around? Not sure? Ask management, I have, I do my research!

My view, the CA will likely be in vain.