Absolutely 100%. If it goes to trial it becomes a crap shoot. If it goes to trial it means VMC has a better than zero chance of winning. If it goes to trial it means there is some merit to the VMC case. Be very careful what you wish for. As I posted a number of weeks ago in my previous life as a CFO of a listed entity we had two lay down messier civil cases. We thought we couldn’t loose, our legal reps told us for the arduous time consuming trial lead up’s that we couldn’t loose. When the other parties offered to settle we told them “NO- BUGGER OFF”. We were arrogant & complacent & bulldozed our way through to trials in the court system. We lost in both cases & it cost millions in lost contract revenue + many hundreds of thousands in costs (both cases). Going to trial is no popcorn watching experience - trust me.
The market does not like risk, page-37
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