RFF 1.24% $2.00 rural funds group

RFF Webinar, page-13

  1. 194 Posts.
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    It was good as mentioned in the Webinar as was a comment agreed to by Lincoln indicators last night that RFM will not get bogged down in a tit for tat detail by detail commentary with Bonitas and give them more ammunition to make further allegations by releasing detailed specifics. They are deliberately keeping their statements concise and giving the reigns to Ernst and Young to confirm that there is no impropriety. And futrthermore as stated RFM as bound by the Australian Corporations Act and will strictly adhere to those restrictions. Bonitas on the other hand has free reign to express whatever they wish.

    RFM also stated that regarding legal actions - it is likely Bonitas will not have assets to pursue after but it is something they will look at following the audit. All in due process.
    Last edited by ozzienam: 08/08/19
 
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