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$4.93 iluka resources limited

Thanks for that, lets see how this plays out and hopefully...

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mrbasemetal

1,090 Posts.

24/04/18

14:37

Post #: 32658643
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Originally posted by Ashentegra ↑

The class action is unfunded at this time. The lawyers involved has told ILU not to spend money preparing a defense until or unless they choose to proceed. This is to protect those behind the class action from being obliged to meet ILU's incurred costs should they cancel the action.

Whether this removes the class action proponents' liability would be worth arguing in court. They retain the option to continue, a possibility ILU must prepare for.

I am not a lawyer.

Ash

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Thanks for that, lets see how this plays out and hopefully nothing comes out of it

MBM

ILU Price at posting: $11.59 Sentiment: Hold Disclosure: Held
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(20min delay)
Last $4.93		Change -0.550(10.0%)		Mkt cap ! $3.288B

Open	High	Low	Value	Volume
$5.56	$5.57	$4.66	$50.94M	10.25M

Buyers (Bids)

No.	Vol.	Price($)
1	1000	$4.92

Sellers (Offers)

Price($)	Vol.	No.
$4.93	21870	7

View Market Depth

No.	Vol.	Price($)
3	41335	8.810
9	64609	8.800
6	44934	8.790
13	96993	8.780
8	86101	8.770

Price($)	Vol.	No.
8.830	97965	8
8.840	111842	11
8.850	30427	5
8.860	40984	4
8.870	54364	8

Last trade - 16.10pm 06/12/2024 (20 minute delay)

ILU (ASX) Chart