From reading from the latest ann
The balance of $217 million, representing the difference
between the gross Transaction proceeds of $900 million
and the use of proceeds detailed above, has been
included as part of cash and cash equivalents for the
purposes of the unaudited pro-forma consolidated
balance sheet.
Any decision regarding application of the proceeds will
be made after a full consideration of Sigma?s forecast
financial requirements including working capital, capital
expenditure and litigation expenses (including the
Shareholder Class Action commenced on 29 October
2010). It is possible that the applicants in the Shareholder
Class Action will seek to prevent, or limit Sigma?s ability to
pay, a special dividend.
Sound like the board is prepare might not to pay the dividend.
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