CHM I understood had about 3 million put into it when refloated which is what I guess is funding the MMX case.
The AH options are a bit of a smoke screen me think.
I dont understand the comment about no case. There is over 100 pages of statement of claim available to be accessed by all stakeholders so this sould be read b4 comments made.
Both CHM and MMX are playing a high stakes game and it will come down to exactly what the original promoters of what is now MMX (and who were also behind the original CHM) got up to when acquirng the assets.
Unfortunately for MMX directors and shareholders its the actions of the past dodgy promoters and directors (many same as original CHM promoters who forced it into liquidation)that they are defending and are betting the farm on.
I cannot see AH taking a case like this on without a strong beief in its merits
CHM Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)