SGH 0.00% 54.5¢ slater & gordon limited

REDEMPTION!, page-32

  1. 17,233 Posts.
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    MB mentions in the minutes

    “In addition to the hundreds of millions of dollars in losses our registered clients have suffered, we’re also protecting the interests of all other relevant shareholders by filing an open action, bringing the total claimed losses to more than a quarter of a billion dollars.”

    I read it was a $250m claim.
    Assuming that's the figure claimed:

    Assumed claim payout around $29m (82% of gross at 18% cost)

    Works out around 11.8c back for every $1 apportioned loss
    Last edited by Warnie: 11/07/17
 
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