I don't see this as being unduly negative:
- the amount under dispute is revenue plus interest not actuals
- I don't know how the disputed amount is being treated in the accounts but since this is over 5 years old hopefully some written off already in the event of bad news. Legal fees are an extra expense.
- a win increases the already significant cash holdings in the comany.
- My best guess is there will be a negotiated settlement which won't be material to the profit result - but the cash received can be usefully deployed by the settlement amount.
- they have a diverse and loyal customer base so reputation shouldn't be an issue.
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- Ann: Notification of commencement of arbitration
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southern cross electrical engineering ltd
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$1.86

Ann: Notification of commencement of arbitration, page-3
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Last
$1.86 |
Change
0.035(1.92%) |
Mkt cap ! $490.4M |
Open | High | Low | Value | Volume |
$1.84 | $1.93 | $1.84 | $2.890M | 1.535M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 3315 | $1.85 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.90 | 22939 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 3315 | 1.850 |
1 | 2709 | 1.845 |
1 | 355 | 1.825 |
2 | 330 | 1.820 |
4 | 32500 | 1.810 |
Price($) | Vol. | No. |
---|---|---|
1.900 | 22939 | 1 |
1.910 | 10000 | 1 |
1.915 | 1500 | 1 |
1.920 | 9181 | 2 |
1.925 | 4992 | 2 |
Last trade - 16.10pm 07/08/2025 (20 minute delay) ? |
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