SGH 0.00% 54.5¢ slater & gordon limited

Ann: In Principle Conditional Settlement of Hall Proceeding, page-36

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  1. 23,989 Posts.
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    Denbo, it is not any strategic plan for some precedent. Unfortunately the incompetent directors just didn't buy enough insurance. Anchorage had to fund another $4M and the company would have been liquidated otherwise leaving SH with less compensation. As I said personally I would have rather seen the clowns bankrupted and directors pursued.
 
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