CCC 0.00% 0.1¢ continental coal limited

Compensation, page-2

  1. 5,656 Posts.
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    I have been through this with layers that specialise in this type of action.
    CCC is broke. So my understanding is that the investors that fund these actions. Want a return on their money as well as investors.

    This leaves you in the camp of either funding action yourself or getting a group together.
    If you mean will action by ASIC end in compensation. If you still do not have your money back. You would think a refund would be forthcoming.
    ASIC would be the people to talk too on this.

    Action is being taken against Peter at NKP.
    A special genral meeting has been called to release loan documents on a related party loan.
    It seems this is prelude to a large investor potentially suing the cap'en if I'm reading the NKP thread right.
 
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