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3.70% 14.0¢ beam communications holdings limited

Ann: Zoleo JV Arbitration Update, page-70

  1. cetra
    174 Posts.
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    16/08/24
    11:21
    Post #: 75235784
    Can only assume there has been no decision from the arbitrator yet. The company wouldn't be allowed to withhold this information.

    There was a change in language in their updates:

    "The ownership of ZOLEO is expected to be resolved at the end of the arbitration process."
    vs.
    "Followingthe decision, this is may allow an opportunity for the ownershipof ZOLEO to be decided."

    This seemed to leave the door open to a renegotiation of terms.
    BCC Price at posting: 16.5¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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