SHJ 1.44% 70.5¢ shine justice ltd

Ann: J&J/Ethicon Mesh Class Actions Update, page-77

  1. 69 Posts.
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    It was the annual report where Shine said these costs would be considered for approval in the first half of FY24. Does anyone know if it has a hearing date? $15+M will put the FY off to a good start and enable them to recommence paying those dividends.

    The Annual Report also mentioned that Shine will “prepare further submissions over the course of FY24 in relation to the recovery of an alternate amount of interest”. It has been months since that decision. No update from Shine. How long can it possibly take to prepare further submissions or a further application? Anyone else surprised that they haven’t moved heaven and earth to get this issue back before the court?
 
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