AJ,they are not asking for anyone to "stump up their money". IMF fund the whole case, and take their BIG cut out of whatever they receive from a settlement or court case. They will not proceed unless they have received plenty of Ozl shareholders' forms back. D day is the 27th for them to have the forms in. This is quite seperate from the MM offer and I am sure their legal guys would have taken this in to account and made sure either OZ's Insurance would cover this or an allowance is made to cover the costs.Mind you, having read through the offer, there are plenty of mistakes - so nothing is guaranteed in this world. M
OZL Price at posting:
$6.45 Sentiment: None Disclosure: Held