Ann: ASX litigation - security for costs order, page-224

Still don't think that locking up our capital is a good idea.

No matter how much we win in damages, its still only worth 1 x the cash.

However, redeploying that capital to grow could be what 27 -50 times earnings, and usually the capital spent is a fraction of what we can earn.....especially going on JK's track record of CAPEX to earnings to date.

We were forced into litigation - but it doesn't mean we should fund litigation just for 'revenge' or to make shareholders feel good. The litigation serviced the key purpose of protecting ISX Financial EU PLC from the ASX. Its out of their clutches now.

Given that, I want the best return on my capital, and litigation funding isn't it.

But, if we have to, then we have to, and Id agree, we go for the goolies and take them all down, smash careers, and go for blood.