NSX has been quiet of late. Not much point asking questions when the directors are not going to answer them, I guess.
JBL is now attempting to take a swipe at NSX - filing an application for preliminary discovery against the NSX for documents relating to JBL's suspension.
https://www.copyright link/business/banking-and-finance/judge-dumps-pirate-fund-s-bid-to-squash-rebel-vote-20190604-p51uhi
The Federal Court of Australia has ordered JBL to put up security to cover court costs in the event that they lose.
https://www.comcourts.gov.au/file/Federal/P/QUD346/2019/3858814/event/29875054/document/1407956
Could it be that the Federal Court of Australia has concerns over JBL's solvency?
Where will JBL come up with this money? More shareholder funds?
NSX has been quiet of late. Not much point asking questions when...
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