Thanks Sam, Thats exactly how i read it too. Shareholders get little to none! This except confirms that Noteholders will get the lot ....Essentially, the agreed portion of damages to which the Noteholders are entitled corresponds to the amount of damages awarded to Sundance, with Sundance's recovery increasing as the amount of damages awarded in any of the proceedings increases.
Happy to be corrected.
SDL Price at posting:
0.6¢ Sentiment: Hold Disclosure: Held