re: Ann: Response to ASX Letter dated 3 Decem... turville claims...

re: Ann: Response to ASX Letter dated 3 Decem... turville claims chm are fully funded - rubbish. When you play this game you must have very deep pockets.

For example, lets say the case proceeds in the Fed Court. One party makes an interlocutory application concerning any particular matter in dispute. The judge rules against the interlocutory applicant who then appeals this issue to the higher court. The appeal has to be fully funded.

There is likely to be numerous such applications.

The as yet unnamed funder will get cold feet and dump chm.

ASX ACTION
The ASX should require chm to disclose the contract details they have with the litigation funder because it has a substantial effect on what shareholders can expect if chm succeeds.