The Supreme Court of Western Australia has ordered that the 14 – 18 November 2016 be reserved for trial subject to certain conditions being fulfilled (one of those conditions being both parties having completed the steps necessary for trial).
I don't know why they would put they section in brackets for. It almost implies that MLX may not even bother completing all the necessary steps.
My take is that it will be thrown out of court. The CEO of MLX is just dirty, so is doing it out of spite, and his motive is more emotional based. In saying that, it could go either way on the day.
TAM Price at posting:
6.7¢ Sentiment: Buy Disclosure: Held
