Surely if AGS lose the case Gandel will accept it and table his price with Heathgate. Being a minority partner in a JV that is open to manipulation to some degree would be enough for him to look elsewhere. I can't imagine he would be struggling for other investment opportunities.
And you can't blame the guy for wanting a shot at winning the whole lot back but with that in mind trying to negotiate a deal prior to the trial would appear weak unless initiated by Heathgate.
Heathgate will want the whole lot there can be no doubt about that , they just don't want to pay more than what they believe is a fair price. This will be a lot less shareholders are hoping for but I reckon Wasa will be happy.
AGS Price at posting:
20.5¢ Sentiment: None Disclosure: Held