BTA 0.00% 57.0¢ biota holdings limited

chugai shares have biggest fall in 2 years on tami, page-20

  1. 12,454 Posts.
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    mediation Hi

    Have noticed a few posted quoting old documents re mediation date. The court stipulated that mediation be competed BEFORE Nov 25.

    Mediation took place on Nov 9/10 with no result!

    A court hearing was then booked for Nov 18. So unless something else is booked in quickly, it's all over. (see announcement 11/11)

    So IMO we will be hearing from the company on Monday - probably AM, regarding the outcome.

    I agree with some posters that it appears GSK will not cave IN easily, so I dont expect a resolution. But you never know - anything can happen in the real world.

    But, the longer they hold out the more ammo builds up for BTA - so far it is a damning case against GSK. Nothing short of gross incompetance & negligence!

    CHEERS
 
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