Ann: Arena statutory demand update - mediation agreed, page-22

Wouldn't it be funny if Arena saw it the same way as you with a private investor funding the next two phases. Flex the muscles and head for a pay day which is actually a carrot of a payment in diluted shares for the non P & I claims. That gets you in on the last opportunity prior to the big listing prior to shipments, and you would want it as cheap as possible if you were going to have to hold then for the medium term to maximise your investment.