RE: Align Research2 Nov 2018 15:49
OK. So this is how it stands
GSPC have to pay $7.5m before entering arbitration. If they don't by a certain date Cambay goes to OEX. Keeping in mind GSPC are skint but do have facilities.
The are allowed to pay unto 90% to proceed but, due to the way the system works, that will be cashable by OEX.
It's a win / win but a scaled win/win.
RNS is due Monday.