SGH 0.00% 54.5¢ slater & gordon limited

Ann: Manus Island Class Action, page-7

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  1. 4,427 Posts.
    lightbulb Created with Sketch. 77

    $70m settlement, say roughly 30% to slater. Means 21 millions profit

    Out of the $20m cost, say profit margin is 20%. That's another 4 millions profit.

    All up, $25 millions profit.. more than 1/2 market cap, with just 1 win.
 
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