RE: CLASS ACTION BEING TAKEN16 Feb 2015 08:24
I have read a lot of views on this share over the past 4 years. We all make investment decisions knowing the risks (or we should do!!). Anyone buying FTO knew that it was highly linked to China and when reviewing the company ownership it was clear that any holding would be a fraction of the majority owned and therefore you would have no say. I have read that many investors in FTO have made good returns and enjoyed dividend income.
I would recommend that you accept the position and move on - your attempts at a class action are futile. The comment of "duped by the front cover" is laughable.
If you want to invest in China then I suggest a proxy via HSBC or any Australian Industrial.