SGH 0.00% 54.5¢ slater & gordon limited

Class Action Discussion, page-17

  1. 1,154 Posts.
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    Maurice Blackburn Class Action
    From what I can make of it :-


    1) Will end up paying the funder (ILP) 40% of your return if resolution is after (30/06/2017) & includes an appeal from (SGH) Most likely scenario.

    PLUS

    2) Have to pay (Retainer & Costs Agreement) with (Maurice Blackburn) = ??????????????????????

    So unless you bought a very large amount of (SGH) shares ($100,000+)
    & your average buy-in is over say ($2.00)
    Then in my opinion, you're probably better of holding your shares &
    hoping that (SGH'S) future is better than it has been in the recent past.

    Only real risk to my opinion above is (SGH) goes bankrupt

    P.S. I will not be signing up for the (Class Action)
 
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