CPG
The injunction would only be against removing MMX from loop.
If merger happened structure would be MIS owning 100% MMX with MMX owning 50% Crosslands.
If new MIS tried to move ownership of Crosslands shares from MMX straight to MIS this where a real ----fight would occur as CHM would argue it is only been done to avoid creditors.
So far merger deal does not contemplate this shift so has no impact on case as far as I can see.
We differ in views on timeframes of case as I think it is a fairly simple case (s) but we could argue that one to we are blue in the face.
Also we differ as to if CHM remedies extend to getting awarded share of assets for co-defendents wrong doings but that is upto the courts as it seems CHM and MMX obviously also differ in their views on impacts of an adverse finding against MMX.
- Forums
- ASX - By Stock
- sino cites chm as a problem for mmx
CPGThe injunction would only be against removing MMX from...
-
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add CHM (ASX) to my watchlist
|
|||||
Last
1.7¢ |
Change
0.000(0.00%) |
Mkt cap ! $15.07M |
Open | High | Low | Value | Volume |
1.8¢ | 1.8¢ | 1.7¢ | $22.77K | 1.286M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 2819162 | 1.7¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.8¢ | 979785 | 5 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 2819162 | 0.017 |
15 | 1938609 | 0.016 |
9 | 1643116 | 0.015 |
2 | 575142 | 0.014 |
1 | 200000 | 0.013 |
Price($) | Vol. | No. |
---|---|---|
0.018 | 979785 | 5 |
0.019 | 252041 | 4 |
0.020 | 573093 | 7 |
0.021 | 282857 | 2 |
0.022 | 603767 | 4 |
Last trade - 16.10pm 19/08/2024 (20 minute delay) ? |
Featured News
CHM (ASX) Chart |