i've just pulled this out :
Sydney Morning Herald 31/10/2007
Aristocrat admits to $1.10 compo max
THE landmark shareholder class action against Aristocrat Leisure finished yesterday with the company conceding if any compensation is owed, it could peak at $1.10 a share, more than three times the figure it used when the case opened on October 4.
40 again ...
with speculation in the wind of a win against aristocrat this could be a lot of money speculation. i'm GUESSTIMATING a clear $20m for imf. if so then with imf's book keeping methods that could add some 50% to their mkt cap overnight.
note :
this is only calculated as per from the article. it IS NOT what imf will get benefit of their own shareholders. the group claimants will pocket most. that includes me as an involved aristocrat shareholder in the class action.
based on ALL's no of shares in issue. result for imf for claimants AND shareholders circa $430 million ! ALL CAN afford it.
i can't wait,
40.
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