KZL MUX

Ann: Sale of Northern and Southern Region Assets , page-18

First 18 Last

Share
Profile

Follow
gself

2,178 Posts.

27

09/10/14

11:25

Post #: 14098892
Share

Originally posted by lawyersdontsurf ↑

Thank you very much for your help. I am putting together a shareholder class action for shareholders of Kagara Ltd. The action relates to allegations regarding the failure to disclose price sensitive information to the market in a timely fashion, plus I believe I have found some misrepresentations I can rely on to prove contraventions of the Corporations Act also.

I have piqued the interest of a litigation funder and now need to build a class.

If anyone is interested in participating in the class action please contact me at <[email protected]>

I am currently working on spec for the file and the funder will adopt the fees once we have commenced the action - shareholders are not required to pay legal bills unless we are successful at proving the cause of action/damages or settle out of court. Last time I ran this type of action against directors of a listed company was for around 400 White Sands Petroleum Limited shareholders. In that action each shareholder who participated received a cheque for $0.32c per dollar invested.

Please contact me if you would like to discuss further at <[email protected]>

Expand

Another thing i remember was Kim Robinson selling a number of shares due to tax liabilities, this was just prior to Admin and smelt rotten if you ask me

KZL Price at posting: 12.0¢ Sentiment: None Disclosure: Held

MUX Price at posting: 14.0¢ Sentiment: None Disclosure: Held
Upvote

0 Great analysis

Reply

Top Stories

The iron ore comeback: Can it last?

ACW

Actinogen Medical ramps up Alzheimer’s treatment trials, targeting fast-track global approvals

HAW

Hastings progressing Yangibana to production with lower costs

TI1

Coda Minerals (ASX:COD) enters rights issue to further exploration in South Australia

ZNO

Zenith's sale of Develin Creek delivers $975K cash, with shares up 13%