The POH arbitration damages claim of $US 300M has been calculated by POH independent experts.
Unfortunately shareholders have no way to evaluate such expert valuations and therefore possible arbitration outcomes as the experience of such experts is hidden.A few queries that I have here include:
*A these experts part of the Corrs Chamberlain Westgarth organisation or do Corrs appoint these people/organisations as subcontractors ?
*How many experts are appointed and how is consensus on damages claims agreed amongst themselves and Corrs?
*How are disagreements amongst experts resolved?
*Do these experts have commercial business experience or pharma industry industry experience and not simply a legal background?
*Have these experts had prior arbitration experience?.
In my view shareholders are in the dark in relation to the important damages claim assessment.If all the experts are excellent at their work POH should be in for a decent payday.
Kens
POH Price at posting:
1.5¢ Sentiment: None Disclosure: Held
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