This has huge implications for the outcome of this. Why settle something if it has no foundation.
In settling this Barnes has sent a clear message that what CHM presented did occur and rather than face having a judge decided to cut a deal and ran.
What happened to the MMX statement that the case was without foundation. Gee ASX talk about misleading statements made by the MMX board.
If an individual defendent pays $6 million as settlement what will MMX who gained the IO assets pay as a settlement or as court awarded compensation.
Its got to be north of $100 million to make this go away.
Glyna I love your joke about it been all Barnes doing.
Grimaldi was an innocent party and new nothing lol lol
Grimaldi was an executive director of MMX. He had knowledge and therefore MMX had knowledge.
The hole just got a whole lot deaper for MMX.
Well done CHM another success and one step closer to restoring the wrongs done.
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