XST 0.00% 0.9¢ xstate resources limited

Well the pay out must be in play, its not an if in my opinion....

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  1. 3,988 Posts.
    lightbulb Created with Sketch. 47
    Well the pay out must be in play, its not an if in my opinion. Its just a matter of how the payout happens. A settlement is the easiest way if not then its a bankruptcy which I would imagine will take longer.

    The only reason there will be no payout would be is the Singapore 3 don't have any assets to sieze/sell.

    So maybe what this volume is telling us is that settlement is not likley?

    Remember, Cosimo only needs to advise the market of a material event, given the promises made early last year of payment by these clowns I would think Cosimo would be cautious of announcing anything until a deal or event is complete.
 
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