Ann: Half Yearly Report and Accounts, page-165

Thanks, I found it. Yes first $40M goes to SGH AU if case is successful against WTG.

"as partial consideration for the transfer of S&G UK shares from the Scheme Company to UK HoldCo, the Scheme Company will have recourse to the first $40 million of any Watchstone Proceeds received by S&G UK and which will be subject to security granted in favour of the Security Trustee (Aus) securing the Scheme Company’s obligations under the New AUD Super Senior Facility and the Restated SFA"



DCB...it's either a sucker rally or illegal insider trading;

1) A sucker rally occurs with little fundamental information to back the movement in price.

2) Insider trading is the illegal practice of trading on the stock having access to confidential information.