Just did a bit of digging on “CHC Investment Fund III Pty Limited” who is funding the class action by Thorn. Lol. Go and have a look
https://companies-register.companiesoffice.govt.nz/
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Just did a bit of digging on “CHC Investment Fund III Pty Limited” who is funding the class action by Thorn. Lol. Go and have a look
https://companies-register.companiesoffice.govt.nz/
Nothing there because it's an Aussie Company:
More info at the bottom of their page here:
https://www.a2milkclassaction.com/faq
Questions answered by Court House Capital Pty Limited regarding funding of the legal action
Australian litigation funder, Court House Capital Pty Limited ...
Are they involved in a CBL Litigation financing ?
Google seems to bring up CBL
Quote:
FAQ's | CBL Class Action | New Zealandhttps://www.a2milkclassaction.com › faq
Who is funding the class action? The action is funded by CHC Investment Fund III Pty Limited, a subsidiary of Court House Capital Pty Limited (CHC).
This outfit
https://courthousecapital.com.au/
Out of Pocket Long suffering Investors in ATM - meet the Officers of your CHC
Litigation Funders:
https://courthousecapital.com.au/about-us/
Undoubtedly they get to score first large chop out of any coin shaken loose from ATM ;)
Nobody on ST is eligible for this class action because you could have heard the warning barks even if your live in the Chatham Islands lol
Exactly.... am not sure how genuine this action is. Is it about apportioning blame by those disgruntled. The writing was on the wall all of the time as the SP continued to trend down. Just had to read the tea leaves or easier still, check the charts. We got caught by the up ramping prior to an announcement when the sp was around 11. Very quickly realised this was a mutt and not worth holding. Sold out pre-announcement, were down a few pennies and glad of it.
Hindsight is always 20/20 and broken clocks are always right twice a day as well. There has been plenty of barking on other stocks over the years and it has been dead wrong (XRO would be one example when it dropped from $45 to $12 and it was a done company according to some on here) Dont expect any of the class actions to go anywhere and they are only there for opportunistic legal firms who smell the chance of some easy dosh.