Yeah it's a fine line. I have worked alongside ASIC, AIRA and the ASX and disclosure is one area I am confident in. What Newcrest did is quite different from Slaters, but similar in that I tend to attribute missteps to stupidity rather than evil. SGH accounting and reporting was just incompetent rather than a conspiracy to defraud investors, and if they really knew how to count beans properly in their favour they never would have bought Quindell.
A New Dawn, page-631
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