Feb 26 (Reuters) - Omni Bridgeway Ltd (OBL) :
- UPDATES ON WIVENHOE CLASS ACTION MEDIATION
- MEDIATION RESULTED IN SETTLEMENT WITH STATE OF QUEENSLAND AND SUNWATER, IN AMOUNT OF A$440MLN
- CASE AGAINST STATE OWNED ENTERPRISE SEQWATER HAS NOT SETTLED AT THIS STAGE
- INTENDS TO DERECOGNISE PORTION OF ITS INVESTMENT ATTRIBUTABLE TO SETTLEMENT THIS FINANCIAL YEAR
- TO RECOGNISE INITIAL INCOME OF ABOUT $30 MILLION THEREBY GENERATING PROFIT OF ABOUT $11 MILLION ON PROJECT COSTS & THIS FY
- UPPER LEVEL OF PRIOR POTENTIAL INCOME RANGE FOR INVESTMENT, OF A$130 MILLION-A$170 MILLION, TO BE MORE LIKELY AND TO BE CONSERVATIVE
- THERE IS NO SETTLEMENT AT THIS STAGE OF 50% PORTION OF LIABILITY ALLOCATED TO SEQWATER
News: OBL Omni Bridgeway Ltd Updates On Wivenhoe Class Action Mediation
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Last
$1.44 |
Change
-0.020(1.37%) |
Mkt cap ! $413.9M | |||
| Open | High | Low | Value | Volume |
| $1.45 | $1.46 | $1.43 | $147.9K | 102.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 3703 | $1.35 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.47 | 10000 | 1 |
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| OBL (ASX) Chart |