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Ann: Case Portfolio Update-JKL.AX, page-14

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  1. 2,013 Posts.
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    The huge percentage of claims re settled in range of 30%; but it's immaterial really- in a company with M.C. of $22m and low cash burn any settlement is a multi-bagger at these prices. Serious haggling starts after discovery and mediation as JusticeJ pointed out.

    We won't be able to get Anns, as any other product would, when this gets serious, but there will be price spike signals when legal teams and associates start topping up their super-funds.... keep an eye out for legal industry buyers and we'll be within months of a settlement. Maybe SGH mangement will "insure" themselves by buying shares in their own litigation!!!
    Last edited by Captain Blood: 31/10/16
 
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