If SGH rakes in say $35 M from class actions twice a year then they can do a special payment say $1 p.a. per share fully franked every time the big payment comes in.
The bulk ie 95% would go to the hedge funds so they should be happy esp as they come franked. For me it would take 15 odd years to recoup losses at $2 per share per year but it's a start.
Meanwhile instead of holding breath and crossing fingers for SGH to strike it rich I'm trying to sell some more cheap property to save on rates and pay off the bulk of the mortgages but selling can take two or three years as it is out in the country.
- Forums
- ASX - By Stock
- News: SGH Australia's CBA hit with lawsuit over pension investments
If SGH rakes in say $35 M from class actions twice a year then...
-
- There are more pages in this discussion • 51 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
NEWS
Breakthrough programs slash healthcare events, driving a significant A$1.8M+ annual revenue boost
NEWS
Antler Copper Project hits major permitting milestone – air quality permit advances to final review