Ann: December Quarter Trading Update & Appendix 4C, page-26

You're making it sound like the vendors and DNA are in negotiations with the arbitrators now, isn't it just the arbitrators deciding on what the damages will be? You're saying after any award the Vendors will come to DNA and just pay what they want? Eg: nothing, but say they will go away (drop lease case) and DNA will accept this?

Even without the lease issue, based on NPAT, DNA is probably only worth around A100m anyways because a hefty discount would likely be applied, even without Vendor shares that's probably only around 15c, under what ASM paid.