RE: Why would you waste money on a court case15 Jan 2021 07:41
Quite similar to what I think to be honest – they knew what would happen when this RNS was released, so they start buying all the shares when the share price tanks. They’ve got nothing to lose by doing this – either they get an out of court settlement – they win. Or, they buy lots of shares cheaply and then say they are not progressing with the court case and then the SP rises. Option C is they do go to court and pay high legal fees and risk losing – highly unlikely