You didn't miss any announcements.
Soco weren't litigating against VMT.
VMT's claims against Soco were settled in Association with the court agreeing to sell and VMT agreeing to buy all of Super Soco's Intellectual property that they didn't already own plus their molds and their half interest in Vmoto Soco. The net result would it seems be VMT getting more than they were asking for and needing to make a net payment.
N.B.
........Vmoto Limited ............has reached settlement ....... in relation to a number of legal actions Vmoto has been forced to take to protect its rights and to ensure Soco Shanghai meets its obligations.
Ann: Settlement with Soco Shanghai, page-33
-
- There are more pages in this discussion • 21 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add VMT (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
12.5¢ |
Change
0.005(4.17%) |
Mkt cap ! $52.27M | |||
| Open | High | Low | Value | Volume |
| 11.5¢ | 12.5¢ | 11.5¢ | $17.75K | 150K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 53963 | 11.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 12.5¢ | 230743 | 5 |
View Market Depth
| Last trade - 15.23pm 04/10/2024 (20 minute delay) ? |
| VMT (ASX) Chart |