SGH 0.00% 54.5¢ slater & gordon limited

Making good progress – 80 new hires, page-31

  1. 2,392 Posts.
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    There is a lot of emphasis on the escrow because amongst other things, the size is 3/4ters of the current market cap... also £50m means a large proportion of the debt can be paid down..

    If CBA said "hey guys we won a legal battle yesterday and are getting $82bn in a settlement" - I think you would categorise that as significant. Yet $82bn compared to CBA's market cap is the same proportion as the escrow vs SGHs market cap

    There's also the added benefit of clawing back money from a semi-fraudulent deal..
 
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Currently unlisted public company.

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