Commercial and Equity Division Justice Hollingworth Court 3, Ground Floor Old High Court 450 Little Bourke St Melb. Commercial List
10:00 2. F6230 Solamind Pty Ltd v. Australia and New Zealand Banking Group Limited & anor Orders by Consent
Orders by consent normally means that parties have reached mutual agreement for settlement of dispute and then they go to the court for ratification.
To me it looks like ANZ will subscribe for shares in Solagran and then hands these over to Solamind. This way solamind has the shares and company has the cash. I wonder what price have they agreed on?
SLA Price at posting:
31.9¢ Sentiment: Buy Disclosure: Held