I am shaking in my boots not,Bendigo is desperate because of the dtermind attitude that investors have been ripped off,even the senate inquiry has stated that--it is a Ponzi.
Take me court and standing in front of the beak,and telling the court that I keep paying into a rort at thevery least.Disregard the tax view,even in criminal activity tax says you pay tax on ill gotten gains,including drug money,yes.
But I digress,from my view the fact that I paid for a product that does not conform to the standards as what was advertised,re the toyota fiasco,and that a recent post where ANZ has to refund 280mil in prime says that Bendigo is desperate. Again,I point out that SMH caught Bendigo out on their book keeping on their Half year report.
Bendigo said that K&M were an unregistered MIS company,pleeeeease give me breath.Bendigo is desperate,as Navra took them on and got a better judgement after a recent court decision and IMF on ASIC,makes me quietly confident. And was not K&M ready to plow the road late last year until Bendigo threw this MIS garbage in the swim of things,again Bendigo on warpath?,more like Bendover bank,we are coming after YOU.
However it is not over until the fat lady sings,also if the outcome falls in my favour and I have found that my credit has been affected,I dare say Bendigo would not like me knocking on the door to sueing them for loss rating and investments that are stalled--would you?
GTP Price at posting:
12.0¢ Sentiment: None Disclosure: Not Held