SP1 0.00% $1.07 southern cross payments ltd

Ann: ISX damages claim increases by $200.7m to over $464.7m, page-92

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    Agreed, XYZ mining company can't be getting sued in the federal court, but decide not to make any price sensitive announcement to the market because they think they have a strong case. This is where it could get a bit awkward for the ASX, because the $264m wasn't deemed to be price sensitive, so I guess we presume $464m isn't either? Getting painted into a corner a little bit here and this is the problem with having the market operator also as a listed company on it's own exchange, a precedent is being set every time, so the disclosures need to be beyond reproach.
 
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