FGE 0.00% 91.5¢ forge group limited

My understanding, without looking into it further, is that all...

  1. 88 Posts.
    My understanding, without looking into it further, is that all legal claims against the company are held pending while the administration/receivership process takes place (to protect the pickings by creditors). However, this needs to be checked. Also, there is a need to clarify whether this embargo extends to claims against directors/auditors/insurers etc. Australian shareholder class action law is still developing and many cases are settled. I would be surprised if IMF and/or S&G didn't have a growing list of enquiries. I would have thought those business models lend themselves to at least an initial appraisal without a fee.
 
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Currently unlisted public company.

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