CHM 11.1% 2.0¢ chimeric therapeutics limited

grumbling associate

  1. 628 Posts.
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    Not sure exactly who you are referring to but if i am guessing correctly that complainant will have no "legs to stand on" - complete and utter nonsense.

    There will not be a trading halt since no one outside will be privy to what is happening and all participants inside will almost certainly be sworn to secrecy.

    I think you would be correct in suggesting that, if there is a settlement, it would take the form of MMX for CHM and at a ratio that simply reflects the nett settlement.

    It is anyones guess as to whether a settlement will be reached next week. I am sure MMX would like it to happen since they called for mediation in the first place and no corporate activity can happen whilst there is litigation outstanding.

    cheers
 
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