WLD 0.00% 3.0¢ wellard limited

Ann: Wellard 2018 AGM Presentation, page-2

  1. 390 Posts.
    lightbulb Created with Sketch. 133

    Apologise for my ignorance, I have 2 critical questions regarding these two sentence in the 

    Page 16 of the presentation -

    "2nd Half FY18 results were impacted by a failed charter contract. Legal action commenced."


    "Kelpie new ship build contract terminated. Arbitration commenced in UK to seek reimbursement of Wellard’s historical instalments (~US$9.9M)."


    So Wellard has legal action from the Kelpie for ~USD9.9M + a failed charter contract? or if they are essentially the same issue?

    Has the legal cost been already factored into the 2H18???

 
watchlist Created with Sketch. Add WLD (ASX) to my watchlist
(20min delay)
Last
3.0¢
Change
0.000(0.00%)
Mkt cap ! $15.93M
Open High Low Value Volume
3.1¢ 3.1¢ 3.0¢ $2.094K 68.84K

Buyers (Bids)

No. Vol. Price($)
1 50000 2.8¢
 

Sellers (Offers)

Price($) Vol. No.
3.1¢ 71216 1
View Market Depth
Last trade - 16.10pm 17/05/2024 (20 minute delay) ?
WLD (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.