Its actually possible to hear the testimony of all involved.
It was pretty clear that Korda Mentha were also fairly green with this investment.
I think they relied too heavily on the due diligence of all the financiers before them.
When you trace it back further, a director was closely tied to an investment bank..
Anybody wanting to take out a class action would do well to go back and look at all of my posts and the evidence provided.
MAE Price at posting:
0.6¢ Sentiment: Sell Disclosure: Not Held