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Ann: Major Agreement Signed with Victorian Government, page-16

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guttedsquid

5,812 Posts.

111

23/11/17

13:37

Post #: 29056679
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Originally posted by amok ↑

Any legal case can have impact on the financial position of the company through the following:
a) Social media damage and consequently reputation
b) lengthy and expensive defence case for legal proceedings
c) agreed payout or negotiated settlement

Since this affects an investment decision by shareholders there is a need for the company to address this at some point via announcement.

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I agree with your final comment and so for now I am happy for no disclosure. When it gets real then I would want to know. The mere size of the damages makes me very sceptical but it is America.

LVT Price at posting: 27.0¢ Sentiment: Buy Disclosure: Held
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