"The Board is pleased to announce that the legal action relating to the Alanco business has been settled.
While the terms of the settlement remain subject to confidentiality, the Board can say that it is pleased with the outcome."
Well... I am pleased that they are pleased.
I suppose this is related to this action:
"The company has recently commenced proceedings against the vendor of the company’s Perth based business, and ex-employees, relating to a breach of confidentiality and restraint of trade."
http://www.asx.com.au/asxpdf/20101119/pdf/31v06rf529f980.pdf
Can anyone guess what the outcome is?
Ann: Settlement of Alanco Proceeding , page-2
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