https://www.shine.com.au/service/class-actions/ We need 10%...

https://www.shine.com.au/service/class-actions/

We need 10% holding to make case to ASIC. We dont need it to make a case in court, as per below.

"Class actions take place in the Federal Court and State Supreme Courts of Australia. There are three criteria that need to be fulfilled for the lawsuit to take place:

1. There must be 7 or more people claiming;
2. From the same, or similar, event/circumstances; and
3. The claim must relate to at least one common issue of law or fact."