So what is the number left? Is it 10 cents ?

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g12m0

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19/04/18

20:18

Post #: 32569264
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Originally posted by Amused observer ↑

Arms is correct. The end of employment for the CEO and CFO due to the handover of MGC doesn't change the MGC Unit Trust units on issue.

Secondly the remaining funds from the Saputo offer is closer to $235m with a provision for costs, legal actions, terminate the STP and deregister and wind up the company (cooperative) and the unit trust to be around $195m. So divide the delta of $40m by the number of shares / outstanding units to be paid and you will get the estimated amount above and beyond the 80 cents you are now due and if the costs blow out that second amount will be less and it will be unlikely to be greater and the market it would appear tends to agree. Given one of the Class Actions doesn't actually close its register until 18th May dont expect the second payment any time soon.

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So what is the number left? Is it 10 cents ?

MGC Price at posting: 94.5¢ Sentiment: Buy Disclosure: Held
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So what is the number left? Is it 10 cents ?

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