Payment, page-86

depends on the strategic aim.

I know, the AFR claims JK isn't strategic, but lets have a go shall we?

Always helpful to walk forward rather than backwards in these things

Company is suspended with 9 minutes notice. Its being crippled, about to go bust. The AFR stories are relentless. Partners are walking, clients are leaving. The market operator is making more and more desperate claims in a bid to find....something, anything.

Exec team, Board, Staff and shareholders stand firm however.

A plan is hatched to try to save the company by suing the ASX, to relist the company, and put pressure ot. The ante is upped by launching a massive damages claim, whilst at the same time preparing for a demerger. The demerger allows the core company to survive and thrive, whilst retaining rights via the original parent to pursue the ASX.

The discovery process reveals that the Market Operator makes decisions by "spitballing", and has no processes.

In the meantime, the demerged company is starting to do well, much to the surprise of the corrupt market operator, and the sycophantic regulators, Pressure is building in the demerger company to seek a listing, pursue its market leading position, and expand into new territories to take a first mover advantage. Insto investors are reluctant to fund litigation, and want the company to pursue its core goals, of making money for shareholders.

That's how I understand it. to hard, all there in black and white if you care to look.

So, back to the three choices.....

Walk away and pay $6m, or
stump up $2.6m for costs and tie up another $10m or so for 5 years, or
a third way?