SRF 0.00% 0.0¢ surfstitch group limited

risk-reward profile is favourable IMO, page-4

  1. 448 Posts.
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    One other question I have is the issue of the potential shareholder class action.
    Does anybody have any update on this?
    Is it still likely to precede? - will Surfstitch make provisioning for this in this year’s accounts?


    While any potential action may take some time to resolve I’m worried that this may have a future impact on the business and it’s cash reserves – Billabong announced recently it’s paying $45m to settle its class action.
 
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Currently unlisted public company.

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