The thread is hopeless! I can't even start - most people who are critical of the class action have reasonable arguments; and I cannot find one reasonable argument for a class action. Having said that I do think it would be fair and reasonable to have a shareholder action (rather than class action) to express concern re: public listing. I have been involved in class actions, and in all cases the Company was clearly at fault. That is a class action is only warranted when the situation is completely clear. This is not the case with Animoca brands. We are all disappointed that Animoca Brands is not on ASX - but if one understand the reasons there is no real case to take legal action - and have great fun trying to find a judge (indeed lawyer) who will be able to understand the intricate details of cryptocurrencies and their relevance to computer games.
The thread is hopeless! I can't even start - most people who are...
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