Turville.. In answer.. 1/ I too believ that chm will trade again..(As previously stated in post) 2/ I too think the recievership may be lifted, But obviously with the then prospect of legal action from the funder..(As Prviuosly state in post) 3/ I doubt an agrrement will be achieved with ILP as their terms are undoubtedly 60 to 70% (check the divide in Koh and Evans)thoughts of 20% are ludicrous, high risk case.. no funder would have considered less tha 50% in this case and chm were desperate and over a barrel so believ it is in vicinity of 60 to 70 %, probably why chm have never advised shareholders.. 4/ You maybe don't understand the vagaries of corporate law applicable in this case.... Appeal process if required here will be to a single judge in the high court... and then if not satisfied again to the full bench of the high court...could be up to 2 years...
CHM Price at posting:
9.2¢ Sentiment: Sell Disclosure: Not Held
