Well, here's some thoughts:- - YLFs long threatened claim collapsed because they were unable to get insurance. Conclusion: possibly a weak claim from the start? - WTGs II's are mostly new and have been buying steadily over the last two years. The ones from the Q-word days are M&G and (I believe) Blue Mountain. - Both could have sold at significantly higher levels but did not. - Richard Rose is M&Gs man so I doubt they would be doing this so many years down the line.
So what are the other options? - Another YLF looking for free visibility/press? - Maybe a different angle from AC or SGH given who the lawyers are? - Someone just released from jail and only just now able to look at their portfolio? - A group of investors who are unhappy about the YLF claim falling at the first hurdle but still happy to try another way?
Time will tell....am I stressed? Nope....just tired of the whole affair.
SGH Price at posting:
$2.42 Sentiment: None Disclosure: Not Held
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