SGH
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0.00% 54.5¢ slater & gordon limited

missed the class action - what happens next, page-32

  1. Nomadic_Investor
    1,947 Posts.
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    13/07/17
    16:17
    Post #: 25849929
    I think the event Jim is talking about, is if the settlement offer was declined/rejected and pushed the company into admin, the $4m wouldn't be accessible as other creditors would be ahead of shareholders in the queue of those demanding credit. However the $32m would still come from the insurers.
    Last edited by Nomadic_Investor: 13/07/17
    SGH Price at posting: 9.2¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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