It is worth speaking to a lawyer or two just for your own knowledge but keep in mind that lawyers aren’t interested in righting any wrongs, they are interested in how much money they can make. The first thing they will do is look at HDY’s cash balance which isn’t great. Pro Bono work generally has a lower limit of $20m-$30m.
The cost of legal fees for shareholders versus expected returns is why not many of these things get off the ground. Worth looking in to though depending on HDY’s next response to the ASX.
HDY Price at posting:
0.4¢ Sentiment: None Disclosure: Not Held