So here is a set of real dodgy calculations for comment.
I'm not a person with a financial background so there could be major errors in my assumptions/calculations that I'd be happy to change if I have done something totally incorrect.
Data taken from SDL Annual reports.
Looks like all Options will have expired by time settlement funds are received, so no dilution to current SOI
I've assumed Burford take 50% payment up to $100m capped value.
Values have all be calculated in AUD as company reports in A$ but I've put line item stating quoted payout value in US$.
FX rate taken from XE.com as of 9/7/24
I have not considered tax as I've no accounting skills.
There are accumulated losses on the balance sheet so I would assume any tax charges could be offset by these losses but I've got no idea about this and would appreciate advise on this.
Any other comments on logic welcome.
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