MMX 0.00% 4.7¢ murchison metals ltd

cpgI am not sure who is dellusional.The old lotto ticket...

  1. 529 Posts.
    cpg

    I am not sure who is dellusional.

    The old lotto ticket arguement is a crock.

    When directors use their position in a company to gain an advantage for themselves and a related company then the corps law and precedents in case law open up grounds for the courts to establish a constructive trust.

    The courts will look at what each party contributed and have the power to award part of the asset to the party who has been misused. Even scarier for MMX the courts can also award more of the asset to the aggrieved party as a form of punishment.

    Next you will be asking where is the contract. Before this one gets dragged up MMX supporters need to get it through their heads that CHM is arguing that Grimaldi and Barnes set out to hide the sham transactions and are asking the courts to see through this and look at the money trail in relation to the cash grab and shares issued.

    Using Cransy arguement why would a litegation funder who does this for a living be throwing millions at this if they did not rate their chances of winning a substantial payment as high.
 
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