The last paragraph says it all Skull , despite the plaintive cries of the ignorant , amp has never had the class actions in their provisioning .
So , who knows how much the company is worth?
This flows thru to the the value of Collimate , as the court approval on any demerger may require Collimate and its assets be available for any settlement or judgement.
Has to be the most interesting company on the boards.
A sick part of me will be disappointed if they ever sort themselves out.
Still think 500 mill will cover it ,but gee , you have to feel that the longer this goes on , the greater the chance of one of your big red numbers happening .
cheers
When will AMP SETTLE the ADVISER CLASS ACTION, page-514
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