"OneView Healthcare (ASX:ONE) also surged 11% after announcing that it has reached a commercial settlement with aged care operator, Regis Healthcare (ASX:REG), in relation to the claim launched by ONE for breach of contract.The terms of the settlement are confidential, but provides for a cash payment to ONE of $2 million to be paid within 30 days.The settlement was also made between the parties without admission of liability of either party.In December 2020, OneView launched a legal claim against Regis in the Supreme Court of Victoria, claiming that Regis breached a collaboration agreement that was meant to develop a care management solution.OneView had pursued damages following a change of leadership at Regis, where Regis advised that it would not deploy the new care management solution."
Copied from *. I hope that helps clarify the announcement for anyone who wasn't sure.
"OneView Healthcare (ASX:ONE) also surged 11% after announcing...
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Last
33.5¢ |
Change
0.005(1.52%) |
Mkt cap ! $226.7M | |||
| Open | High | Low | Value | Volume |
| 33.0¢ | 33.5¢ | 32.5¢ | $13.23K | 40.22K |
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| No. | Vol. | Price($) |
|---|---|---|
| 3 | 126561 | 32.5¢ |
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| Price($) | Vol. | No. |
|---|---|---|
| 33.5¢ | 69349 | 3 |
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| ONE (ASX) Chart |