Badly worded let me try again... Secured floor limit is 80 cents...

Badly worded let me try again...

Secured floor limit is 80 cents due early to mid May 2018.
Unsecured floor limit is 95 cents based on market behaviour and estimate of residual funds after all legal, admin and wind-up costs are taken in to account and due later in the year, possibly close to November.

There is no ceiling limit as the actual costs aren't known but there is (I think) a $235m provision for all remaining costs and distributions and out of that there is (again, I think) about $195m already earmarket for legal and other known costs, leaving about $40m to be distributed. And that is the basis by which the market is probably setting the unsecured floor limit on for unit holders...95 cents.

Anything else beyond that is going to be pure luck as I would bet that many others will be seeking costs from MGC before too long including the likes of Macquarie for the early termination of the STP - one expensive little sucker from day one all the way through to its demise.