....I can only assume FIL has also now reviewed the previous cases (case law precedent)... showing that there is no merit for the CA ...where the judge concluded that no additional disclosure is required during subsequent ASX announcements to address any of the previously disclosures i.e business model, execution, user acceptance etc. risks... informed investor update rationale....
Bottom line: GSW 's 2017 contracts announcement were all depended on the counter-party's willingness to accept the product offer post trial (business model & counter party acceptance risks) ... and will be deemed non-material, if it did not have a revenue implications... pre/post contractual doctrine.... no delta impact between pre ..& post... therefore assume non-material....
...still my 2 cents...
GSW Price at posting:
87.0¢ Sentiment: Buy Disclosure: Held
