"The up to £235 million in redress includes LFS’s assets (cash, capital resource and potential insurance proceeds), plus the proceeds from the sale of Link Group’s Fund Solutions business."
Insurance as you said in a later post is about £47M and sale price of LFS is £140M Pounds, so that's another £60M they need to fund from cash?
Is that a reasonable result? Hope so, and we don't have this uncertainly weighing us down.
LNK Price at posting:
$2.18 Sentiment: Hold Disclosure: Held