People would have known of the risks in investing in ABC, it was pursuing rapid growth being undertaken by debt.
This was risky. If people got burnt as a result of this (myself included) then we went into it with our eyes wide open.
People have been brought to there knees because of this? In all seriousness I severly doubt it. Any prudent investor wouldnt have had such a level of investment in ABC that it wouldve brought them to their knees. I would think that for most people it would have been a smaller percentage of their overall portfolio.
I understand why some people who have recently purchased ABC would want him gone. Im sure it would do wonders to there recent investment ;)
Anyway....I dont mind being in the minority.
While where at it....give Eddy a payrise!!! lol
ABS Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held