"Agree on most fronts, the one where we have some trouble is the $70m number, that's an instant capital raise event if it happens, with current market price that's a ridiculous amount of dilution".
Not sure about that. They hold $74m cash and had reduced their liabilities by $40m from last year and their net debt is only $50m on a loan book worth $172m. I think there is plenty of room to borrow to cover the outcome.
Legal action resolution date., page-20
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