The class action has been widened to include PWC as the task of hitting the Centro target is going to be a lot harder given recent ASIC withdrawls and losses. Note the timing of the change to the class action to include PWC, this happened after recent judgements against ASIC.
Including PWC means that in the event that the class suits do not get Centro the lawyers will be able to turn around to their clients and say we got PWC or are now aiming 100% at PWC.
IMO Maurice Blackburn are really covering the proverbial rather than increasing the recouperation for their clients.
CNP Price at posting:
26.0¢ Sentiment: LT Buy Disclosure: Held