FGE 0.00% 91.5¢ forge group limited

If there is any credence to the claims that the following...

  1. P87
    5,035 Posts.
    If there is any credence to the claims that the following occured in between November 2013 and the eventual collapse;

    - 12-month lease paid upfront for an apartment for one of the executives.

    - Another executive was said to have been reimbursed a substantial five-figure sum for the stamp duty he paid on his new house in Sydney as part of his relocation package

    I think it would be very, very hard for the applicable directors to argue they were acting in the interests of their shareholders and not in breach of their fiduciary duties as directors.

    Looks like a home run, IMF don't take on cases they can't win, go and research their strike rate, it's scary good.
 
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