Can't agree more. I think the market is still very jittery about Nuix.
The initial damage has had a brutal impact on the instos. They just cannot seem to shake it off.Would be good to see the actual appeal document, all we have now is Nuix's interpretation from ASX announcements.
Sheehy just wants to cause damage with vexatious means and is willing to pay whatever the price he has to pay.
Who in his sane mind appeal a decision like that? And that too on grounds of opposing the application of a well-known legal estoppel?
He is not even appealing the actual outcome!
The court outcome came out on 7th feb - Sheehy was quiet.
The court order for costs came out on 3rd March and Sheehy lodges an appeal on 8th March.
Clearly he knows he has a big legal bill to pay up, potentially rendering him bankrupt. This is just desperate last-breath frantic attempts before drowning.
I passionately hope the court dismisses his vexatious appeal and takes puntitve measures against this pest.
Set an example for corporate Australia!
IMO. DYOR. Just Speculation.
Ann: Former CEO Proceedings, page-16
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