For those actually tuned into the case, IMO based on what we’ve...

For those actually tuned into the case, IMO based on what we’ve heard the court would be entitled to conclude:
1. Eddie’s options remained on foot
2. They were consistently recorded in the options register
3. They had value for which Macquarie was prepared to pay for
4. Those options were entitled to the 50:1 split like all others
5. The act of denying Eddie the benefit of the split and to exercise the options was improper
6. Eddy should have been able to exercise them thereby converting them into shares at any time and any condition that there had to be a sale is surely answered by the fact nearly all cash raised at the IPO went to the promoter’s
7. It is possible to input a significant value to those options and share potentially up to the maximum prices seen for the stock in January 2021. Of course there will be legal niceties around all of this but evidence from Nuix’s and its then directors in this case has done nothing to answer Eddie’s claim.

So today we hear the amount of damages that will be argued. At $180M, thats something like 80% of Nuix's market cap. Who is going to pay?