CDC 0.00% 6.6¢ china dairy corporation limited

Getting all the money back and legal costs are ideal. No one...

  1. 292 Posts.
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    Getting all the money back and legal costs are ideal. No one knows what's gonna happen with the outcome. So leave this to the lawyer to optimize the result.

    From my understanding, every foreign company listed in australia will be required to have an insurance in place. Dont know which insurance company. So CDC insurance expires few days ago, hence the demand of letter (if you read the client agreement), that is the first step.
    It was sent before the insurance expired so legally insurance policy is covered to pay the shareholders if the court cases is favorable to the shareholders. Who is going to pay which amount, that depends how cdc is insured.
 
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Currently unlisted public company.

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