As has been previously higlighted from the newsletter:
"I would also like shareholders to again note that the that the ongoing existence of the Licensing Agreement between our company and Mylan Laboratories Limited will not be impacted by the arbitration outcome and will continue to be in force. Our company therefore continues to work within, and actively protect our rights under, the Licensing Agreement'".
My understanding of the Mylan arbitration event is that the arbitrator refers to any matters presented to the arbitrator up to and including final submissions and that any matters arising after that time cannot be submitted and therefore should have no impact on the arbitration end result.
If the above newsletter statement is correct[and I hope it it is] and the POH total daptomycin damages claim of US $300K includes forward looking loss estimates, I am finding it difficult to understand that the above statement does represent a form of double dipping.If it is not double dipping then a positive outcome here could exceed all of my current expectations which is probably why RM has raised the matter in the first place.
Kens
- Forums
- ASX - By Stock
- AVE
- Ann: Phosphagenics Newsletter - August 2018
Ann: Phosphagenics Newsletter - August 2018, page-28
-
- There are more pages in this discussion • 24 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add AVE (ASX) to my watchlist
(20min delay)
|
|||||
Last
0.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $6.338M |
Open | High | Low | Value | Volume |
0.2¢ | 0.2¢ | 0.2¢ | $973 | 486.2K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
11 | 6361102 | 0.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.3¢ | 41925822 | 29 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
11 | 6361102 | 0.002 |
26 | 67117741 | 0.001 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.003 | 41925822 | 29 |
0.004 | 16347566 | 14 |
0.005 | 10075266 | 8 |
0.006 | 11115082 | 11 |
0.007 | 13229103 | 6 |
Last trade - 10.27am 31/10/2024 (20 minute delay) ? |
Featured News
AVE (ASX) Chart |