Interesting idea. JK did indicate something like that in a quarterly update to investors, but he also seemed to say it'd be a minor reduction in 2 or 3 customers. Not a complete reduction. As I've said, only the most ludicrous JK fanboy actually expected that $500m was a realistic figure and expected result. Those are, funnily enough, still those suggesting that walking away from the $500m case was a strategic victory.
In my posts, I've been using $100m as a potential judgement amount if we were proved correct. An 80% reduction, and still worth putting $2m security at risk if you had any reasonable shot at victory.
I dont specifically recall what he was suing ASX under, but I dont think it was a negligence section, so may not be under tort law. Chillingout may know. I thought he was contesting for intentional disregard of some sort, perhaps contractual, not a negligent mistake. I dont think intentional disregard is a tort. Not a legal expert though.
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