The question to ask is whether or not WEG rec'd 50% of the income made from cockatoo sales - if they did, and did not pay the associated debt, then (agreed) they are getting $40M+.
If they didn't, then they are getting $21M for everything.
Whatever, it seems to me that the controls put in place by the CFO (assuming he was responsible for same) with regard to getting the outstanding claims paid by WEG didn't meet an acceptable level for my liking.
GLTA.
Cheers, Snagger
PLV Price at posting:
3.5¢ Sentiment: LT Buy Disclosure: Held
