News: NXL Nuix Says Annualised Contract Value At End Of October Was A$169.5 Million, page-25

  1. 411 Posts.
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    I have a different opinion and believe it's 70/30 in the company's favour, especially as I don't think an IPO is a sale of a business. And there's at least a 50/50 argument on the wording of the prior settlement agreement.

    Also he will definitely not get the $ 180M if he wins, of course, based on principles applied to damages paid for lost opportunity (he would have to convince the court that he would have/could have sold all of his shares at the very top of the market). He could have just as likely been a bag holder like the rest of us... More probable is calculation of damages would be based on average price of shares from IPO to judgement date.
    Last edited by gazza01: 23/11/22
 
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