that would be MMX and its shareholders worst nightmare.CHM a...

that would be MMX and its shareholders worst nightmare.

CHM a shareholder in Crossland. Imagine Paul trying to swallow that one.

Tooli you need to go and look at the balance sheets of now hundreds if not thousands of ASX listed companies.

CHM is no worse than these and in fact is in a better position as it has shifted its major obligations (funding two cases) off its own balance sheet to a third party.

Go have a look at the deals that the Australian listed funder has done to get a feel for the range of what the funder will take.

Do you seriously think that someone has come in and taken on these cases without serious research. This is not someone who is a punter betting on a horse but someone who does this for a living.

To take on this they have arrived at the conclusion that they have a significant chance of success and therefore will recover the investment and be rewarded.