Ann: Cont Disclosure Independent Expert Report & Supplementary, page-152

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Gsinc

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08/09/20

19:15

Post #: 47184353
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Originally posted by aniesbaswedan: ↑

Yep, especially because none of them is actually in the statement of claims. Shareprice volatility? Nope, not in the statement of claims. What about conflict of interest? Nope, not even worth a mention apparently. I don't think even the latest $200 million is in the statement of claims. Furthermore, if you look at the particulars for the damages claims you would find discrepancies in the timings but also that all of them are highly speculative in nature with the causal links being "inferred" by ISX.

As you can read from the example above, ISX was merely in discussions stage with Lottoland. Feel free to read the particulars yourself but the damage claims are very speculative, the logic of which runs contrary to the view that ISX often uses to describe past contracts. The view that it isn't possible to forecast the revenue to be generated from a contract, even a signed one. Yet for the claims suddenly it is possible to forecast revenue from an imaginary one? Not just for a year by the way, but for 5 years!!!!!!

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I'm not a lawyer so can't speak on all this with much expertise.

If someone knows the level of proof or whatever legal terminology is used for proving something like the Lottoland I would be interested to know.

From the cheap seats I would have thought a statement from i.e. lottoland saying that was the reason would be required. Based on your screenshot there ISX are saying its inferred. Proving inference can be a difficult thing.

Again not a lawyer so can't speak too much about the particulars

ISX Price at posting: $1.07 Sentiment: None Disclosure: Held
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Ann: Cont Disclosure Independent Expert Report & Supplementary, page-152

Top Stories

White Cliff wraps up Canadian fieldwork programs – 'visually confirming' a slew of minerals

Strike hands $48.5M contract to Clarke Energy to produce 20x 4.5MW gas engines for Sth Erregulla

Magmatic defines 6km copper trend with grades of up to 6.5% at NSW prospect

Lincoln repositions Kookaburra for low-cost graphite delivery

TechGen Metals kicks off airborne geophys survey at Sally Downs copper play – a first for the permit

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