NXE 0.00% 2.7¢ new energy minerals ltd

It's called ambit claims, just like NXE's ridiculous counter...

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 1,494 Posts.
    lightbulb Created with Sketch. 242
    It's called ambit claims, just like NXE's ridiculous counter claim
    Chuck in the highest amount you can possibly claim, go through some legal argy bargy, negotiate a position and all sides can claim a win because of a perceived compromise.
    I know Davisite has suggested Arena may want to extract their pound of flesh because of these dealings, however I think Arena will be more pragmatic and be happy with getting P&I back and see the back of this mob
    NXE acknowledged this amount owed at initial response to demand and to think they would have a legitimate argument to not have to pay anything back is fairy land stuff.
    At least that's what I think, but I guess funny things can happen in the legal field
 
watchlist Created with Sketch. Add NXE (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.