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Ann: Wartsila Contract Update, page-44

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jace.h

792 Posts.

134

13/09/20

10:37

Post #: 47299096
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Originally posted by money123: ↑

PGX will have an announcement out next week.

Details of full claim being lodged and a business update.

Factor in at least 7-8 weeks for a decision.

Highly likely a litigation funder will be involved in this round to ensure the best legal team is on the case to mitigate any further technicalities. Wartsila will also need to transfer the much larger amount if they appeal again pending another Supreme Court hearing and have their own market announcement as the new claimed amount will be material.

Im a buyer still.

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Isn't the litigation funder just going to take a large cut of the settlement if we win?

PGX Price at posting: 25.0¢ Sentiment: None Disclosure: Held
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0 Great analysis

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