I don't see this as being unduly negative:
- the amount under dispute is revenue plus interest not actuals
- I don't know how the disputed amount is being treated in the accounts but since this is over 5 years old hopefully some written off already in the event of bad news. Legal fees are an extra expense.
- a win increases the already significant cash holdings in the comany.
- My best guess is there will be a negotiated settlement which won't be material to the profit result - but the cash received can be usefully deployed by the settlement amount.
- they have a diverse and loyal customer base so reputation shouldn't be an issue.
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- Ann: Notification of commencement of arbitration
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southern cross electrical engineering ltd
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Ann: Notification of commencement of arbitration, page-3
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Last
$1.89 |
Change
0.033(1.75%) |
Mkt cap ! $499.7M |
Open | High | Low | Value | Volume |
$1.90 | $1.90 | $1.85 | $1.944M | 1.039M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
13 | 8905 | $1.89 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.89 | 5217 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
12 | 8274 | 1.885 |
8 | 10144 | 1.880 |
7 | 22346 | 1.875 |
6 | 7380 | 1.870 |
7 | 63073 | 1.865 |
Price($) | Vol. | No. |
---|---|---|
1.890 | 7062 | 1 |
1.895 | 5687 | 8 |
1.900 | 14980 | 5 |
1.905 | 24442 | 10 |
1.910 | 16385 | 6 |
Last trade - 12.54pm 08/08/2025 (20 minute delay) ? |
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