it should worry you... if there is a breach of trust, and no resolution is reached, the asset could end up at VMC... this would be a disaster for SPX.
now ask yourself this, if the roles were reversed, and SPX had served on VMC... what would you be wanting... i'm guessing you'd be wanting the asset and not a few hundred million shares VMC.
and the reaction of the market is not the problem here... no one likes a legal dispute and investors usually wash their hands of such issues... that's the reaction i'm guessing you'll see on open.
this could get very ugly.
legal disputes usually do.
best of luck to holders.
Ann: VMC: Venus Commences Proceedings against Spectrum Metals Ltd, page-56
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Last
0.8¢ |
Change
0.000(0.00%) |
Mkt cap ! $32.43M | |||
| Open | High | Low | Value | Volume |
| 0.8¢ | 0.8¢ | 0.7¢ | $37.09K | 4.809M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 9 | 7310452 | 0.7¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.8¢ | 2878900 | 9 |
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| Last trade - 16.10pm 08/07/2024 (20 minute delay) ? |
| SPX (ASX) Chart |