Australia's largest stock trading and investment forum Australia's #1 stock forum

SRF

Click for more information

0.00%

0.0¢ surfstitch group limited

Bit worrying that you're signing up to a claim via a firm that...

First 65 Last

Share
Profile

Follow
stocking

2,773 Posts.

39

07/06/17

19:53

Post #: 25158273
Share

Originally posted by willhall126 ↑

Hi all,

First post on here and all that so please bear with me.

After expressing an interest in the claim, I have received documentation from Vannin and understand it all except for the funding. There are a variety of clauses and sections of various documents relating to funding, but beyond recognising that Vannin take their share from any award I find the wording somewhat confusing and don’t understand the ‘funding premium’, particularly what I would be liable for if the claim were successful.

I appreciate that a moral imperative in pursuing a claim arguably overrides other factors, and I do believe that if there has been any wrongdoing then those involved should be held to account, but the fact remains that I would like to understand the financial consequences of committing to the claim before doing so.

Vannin were unable to clarify this for me on the phone so I now reach out to the community to see whether someone can offer a layman like myself a layman’s answer!

Cheers

Expand

Bit worrying that you're signing up to a claim via a firm that was "unable to clarify" a basic process of the very nature of their business.

Good luck with that one.

SRF Price at posting: 6.8¢ Sentiment: Buy Disclosure: Held
Upvote

0 Great analysis

Reply

Top Stories

ACW

This biotech stock raised $11M in a risk-off environment. Its Alzheimer's drug could change the game

MIN

MinRes's Ellison knows he screwed up – for that reason, hunt for new Chair to be sped up

CXM

'Taking money from the market': Garbage giant cleans up as this week's Hot Stock tip

WC8

Pan Asia rebranding to 'clear confusion' after bagging $35M for Chile projects

History-making uranium sample grades and an imminent drill run. Infini Resources is poised to transform in 2025

There are more pages in this discussion • 11 more messages in this thread...

First 65 Last

Add SRF (ASX) to my watchlist