...in any subsequent carve up of CHM IPL would want to be the first in the queue and stop CFE or CHM's people from getting ahead of them. IF the judge can see it their way and call the funding a loan then IPL gets the first crack at any payout. If not they will be left arguing in court to get any monies back. See the reference to IPL not having a financial services licence in Aus...you would think they would have realised that when stumping up 6mill. If they really dont hold such a licence and it becomes a problem i wonder if that will bite them on the butt. Its all too much for me im going to have a cup of tea.
CHM Price at posting:
9.2¢ Sentiment: LT Sell Disclosure: Not Held
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