The more successful the European business, the smaller the loss in Tort. I had been contemplating this. The best outcome for SP1 hoilders (who received ISX Europe shares) is for the ISX case to fold which may occur closer to the court door, when ASIC realise how the probabilities of success of their allegations look against the discovery in the original ASX case. That would be a good outcome and would allow ISX Europe to list on a major exchange. Only my musings after a glass of vino.
SP1 Price at posting:
$1.07 Sentiment: None Disclosure: Held