CDY 1.43% 7.1¢ cellmid limited

Ann: CDY Investor Newsletter - 21 September 2018, page-12

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  1. 1,750 Posts.
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    Somewhere along the way there were attempts to resolve this amicably out of court is my understanding of this situation.
    Now it has gone the Supreme Court as a test case but at whose bidding or main instigation remains to be seen.
    With lawyers involved I see nothing but dollar signs flying everywhere but information in the latest newsletter indicates (TO ME IMHO) that ongoing fees have been accounted for and provision for a negative outcome against Cellmid has been set aside.
    You may get a judgement by 2021 if at all.
    Glad to be proven wrong though as the company doesn't need this hanging about like the results of a masterful case of flatulence.
 
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