The ‘clean out’ will likely take 18 months, unless the Mesh interest issue is a positive outcome. This full year is going to be awful, and if the interest issue is negative, the FY24 results will be bleak.
And if the Mesh interest judgment is negative, there could be a shareholder action. That is unlikely to be the nail in the coffin, but it could be close.
Ann: Wreck Bay Settlement Approval, page-7
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