Ann: SGH advises Watchstone Group Plc of claim under SPA-SGH.AX, page-41

Conjecture, but NIHL may have been generating revenue enough to pay SGH costs.
The problem is PSD is not the only challenged part of SGH and imho the claim looks like desperation and an attempt to find a scapegoat.

imho - every £/$ claimed will eventually be a tax on Grech's credibility - advisors on all sides will be implicated and will have to defend themselves.

For clarity I hold WTG (thankfully I reduced recently) and I have held SGH previously - I took a bath here too but I really want to see SGH survive.

Good luck, but don't bank on $ success being worth the further bad press.

atb
JS