To be honest I'm not sure. It was all part of the PE deal that recapitalised SGH, I think there might have been some insurance and some payment from the PE guys. They wanted it done and finalised before they converted their debt to equity. Maurice Blackburn are now suing the auditors to get more so maybe some more pennies will fall into my pocket in a few years time. I personally didn't care where it came from as long as it came !! I had sold out long ago, got out of most for $2.20 and some at 80c which is the equivalent to today's price of $222 and $80 after allowing for their 100:1 consolidation.
GSW Price at posting:
18.0¢ Sentiment: Sell Disclosure: Not Held
