I think you need to correct yourself and offer a few readers here an apology. You said the following:
....The point of this niggling irritating event is that $20 million has been allocated in the balance sheet to this. If this matter were to be resolved sooner than said in the webcast and $ 20 million has to be found it is a price-sensitive significant impact.....
The point is, there has not been $20 million allocated in the balance sheet! You do realise you are referring to the contingent liability note, which is not recorded in the balance sheet and no future liability is needed to be recognised given the information available? Sure, it could change if underlying circumstances change but given the financial statements have been audited by PwC and that CTP have appropriate legal representation, I think it's fair to say we can rely on them for the time being.
An open apology will do.
CTP Price at posting:
8.5¢ Sentiment: None Disclosure: Not Held
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