Just thinking about the mediation between GSW, the CA n ASIC...
Its extremely uncommon for mediation not to succeed especially in the CA.... I think this is only the 2nd case ever going to trial over here...
Just wondering if GSW might have gone in to negotiations unwilling to compromise a $$$ settlement.... seeking a "total withdrawal" or "we go to trial" stance ... Judging from what we have heard in the trial so far?
I know its early days yet....
Thoughts anybody??
GSW Price at posting:
65.5¢ Sentiment: Hold Disclosure: Held