Legal & SP15 Dec 2020 11:21
Any legal process in The Bahamas can be quite convulated. The court of final appeal in The Bahamas is the Judicial Committee of the Privy Council based in the UK. Access to the JCPC is, in fact, one of the attractions for businesses going into the The Bahamas as it provides a level of comfort knowling that there is an 'offshore' process linked to, but perceived to be separate from, independent of local procedures/decisions. If the present case goes that far then the legal process may indeed be tied up for a while. Re share price - I am a LTH. have previously said how disappointed I am by developments over the past year including the extent of dilution. In all honesty, I have no idea where the SP will go under any scenario, pre-spud, on strike, three years after that etc. I empathise with many of the differing views on here and find myself cherry picking various points. I think there is still a premium to be had. But I can only conclude that the prize I envisaged all those years ago is long gone. So I am considering my options. Apologies for bringing the BB down a notch. Just an honest assessment framed in disappointment at the way things have turned out