We have gone through discussion after the board room coup last year. So I wont repeat myself here again. The conclusion I drew was the chance of ASM doing under table deal with Somboon is slim. The only way to make money for ASM is to maximize the value of the shares.
The only thing that surprised me is why negotiate before the crystallisation of the arbitration result. No one know beside a handful of people.
My feeling is there might be a result before 28th of February because the MoU should apply to further application to the court in Australia.
I still think it is likely to be arbitration, share, payable and lease cancellation with zero cash change hand. Any actual asset might end in further complication from shareholder revolt. GT, Somboon and ASM combined don't own controlling interest. Somboon won't be interested to cough out anymore cash. There is no shortage of space for him.
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