For Watchstone to agree to the 50 million Warranty in the first...

For Watchstone to agree to the 50 million Warranty in the first place indicates they were desperate to offload the NIHL cases to SGH. In hindsight it was a master stroke by Watchstone and the Warranty provision would have been priced into the overall deal. They got 640m pounds from the suckers from down under and will only have to return 50m AU.

When anyone ask's about Watchstones chances of keeping the 50m I say tell him he's dreamin.