RE: Prospects25 Feb 2023 12:50
"If he was down beat, do you think that he would have got a term sheet arrangement at all."
Not relevant Tornadotony. Samsung had to weigh what they would have lost if they continued.
The fact is that BT and the BoD knew what they were willing to settle for. They had decided in their board room as part of their strategy. Add to that the fact that Samsung would have eventually had to settle, and you can conclude with absolute certainty that this share was never going to be worth as much as 37p based on the litigation outcome. Only a commercial order could put the share price above 37p.
So how can they be excused for fund raising at 37p. The fund raise price hasn't affected me, nor has the 6 Jan misleading RNS, because I didn't buy during those periods and my average is a lot less than 37p. BUT STILL the behaviour of BT has been inexcusable. Ramping the potential, when he knew that LOAM knew the real value was much lower.