Saving Alita & Our Investments, page-243

In today's GXY presentation https://hotcopper.com.au/threads/ann-financial-year-2019-results-presentation.5239432/?get_post=true this is what it says on page 14 (19) "Galaxy has written off the equity investment in Alita in full although various ways of recouping all or part of the equity are being investigated".

I would assume that if GXY can find a way to show that they were hoodwinked by the a40 BOD (by participating in the CR) then this would definitely open an avenue for shareholders to be successful in a class action against your BOD. This is speculation, but if correct most probably the best chance of getting something back. I really do hope you find some way to get something out of this. It is plain to see to anyone the corruption that played out here.