Yes and the indemnity insurance held by them paid for by the company and auditors insurance or any other outside advice.. That is what class actions chase. Can happen even if company has ceased trading. Even seemingly clear breaches can fail as class actions .
Really depends on what information can be sourced in regard to transactions and details such as due diligence and if management overrode received advice and reasons for doing so.
So many avenues to look at with CCE in regards to things but much of the info people believed did not come via ASX releases that generally showed caution but via "promotional fluff" pieces and via journalists ( so called) eager to fill pages and not research and use critical thinking. Then you have those influenced by forums and the positive bias on extended assumptions on that fluff flooding any critical comments.
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