TSE 5.50% $1.06 transfield services limited

The use of the term 'could' doesn't really sat anything. The...

  1. 331 Posts.
    The use of the term 'could' doesn't really sat anything. The term 'could' explains nothing about probability or likelihood.

    Assume for a moment it is likely, will it be of consequence to the SP? A serious class action might, but as seen in James Hardie and tobacco cases, unlikely for a company the size of TSE. Much depends on capital structure and revenues at the time. Hopefully, TSE has an indemnity clause of sorts in the contract.
 
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