RE: Court Thursday if not adjourned.30 Mar 2026 11:00
So let's stick to what we know rather than AI generated make believe
1. Atleast one of the two former directors stayed with Semnet after the deal was done. So this will be when some of the malfeasance occured, not just before the purchase happened.
2. A deal was agreed during mediation, which is part of the arbitration process, the details of which GST were happy to share via RNS, so presumably they were happy and the former directors subsequently reneged
3. Gst have taken the former directors to court and no counter claim has been filed, despite the promises of the uninvested that it would happen
4. There is a procedural meeting this week, which will doubtlessly produce not a lot apart from an admin way forward.
It all looks positive for GST, although I still believe a settlement will happen before court.
Not sure why anybody of the uninvested would worry about a white knuckle ride unless they are shorting