Some of you guy should be careful ofthe language you use about lawyers its not unheard of for them to come after you. I've already had a warning from our lawyers in the early days for mis quoting a response I received
When lawyers work together for so long in a closed shop environment, which is international arbitration, they're work will become entrenched in precedent and familiarity.
I'm not so sure that the word "corrupt" applies (it may do in certain cases), but I'm sure that the workings of final outcome are more to do with personnel on the boards, possible complacency, workloads, past case history and mutual back scratching.
I've never expected anything much more than around $100Mill if we win, and this may even be optimistic. 6p , 8p ish to us is probably a very good outcome.
My personal goal is to achieve a profit...any profit. It's a long time to wait and probably quite a stupid way to invest money really. The Uzbeks have counterclaims, so let's hope the arbitration panel are not open to unfair prejudices towards certain law firms involved.,
I think it is a method of locking in existing shareholders (they are offered a terrible price to exit) and discouraging buyers (or making buyers pay top dollar). I think you only do this when there is great uncertainty and you don't know which way the price is going to go on the next major piece of news from the company.
It's interesting to see that (if I remember correctly) over the last day both the bid and ask prices have increased, yet the "Change" shows a drop of almost 5%. I see this as due to the spread increasing, and the " stated share price dropping within this spread. Is this manipulation, or just circumstance? Or just a tree shake?
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