That is why it is so hard to get shareholders to tip in more money to line the pockets of lawyers when even if the shareholders do win a class action and able to sue the directors personally being accountants they will have transferred all their assets away into inaccessible family trusts with their wives as trustees lol I have done $20k so I am personally not prepared to tip in any of my hard earned so best of luck for those shareholders that do, remembering it will be years away if at all before you see any damages get paid, just my thoughts. I agree ASIC needs to be given more powers but even then they won’t do anything, they get their huge salaries for doing nothing so they are just as bad in my opinion, cheers BernardF
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