News: SGH Australia's CBA hit with lawsuit over pension investments, page-45

First 45 Last

Share
Profile

Follow
GrumpyScouser

244 Posts.

7

21/10/18

19:17

Post #: 36203315
Share

Originally posted by Braintot ↑

"Look up Quindell....not WTG."

It was a serious question. Did the bulk of the bilked billion go to WTG shareholders? Did you Grumpyscouser get a payout? Or did you lose in the transition when the Quindell service arm went to S&G and the rest, whatever that was, went to WTG?

Please explain it to me in simple words...

If there was a payout do you think that morally it should be returned to the mum and dad investors in SGH who were victims of dodgy dealings involving SGH cash? Let the buyer beware but the share investors weren't the buyers. If they were they may have googled Quindell and found that it was a country club built on quicksand and not to be touched with a barge pole or any other kind of pole.

Watchstone is WTG. Watchstone was Quindell.

Sydney Morning Herald 2016:

"Slaterand Gordon announced on Monday that it would bring claims against Watchstone Group – which was previously called Quindell – but did not detail where the claims would be made."

Expand

Oh dear.

Yes: I received a court-approved Capital Return.

No: I don't think the mom and pop QPP shareholders who lost fortunes should return the CR (which is a ludicrous and impossible to apply concept anyhow).

WTG is a completely different organisation to the Q word. Personally I would be happy to see Rob Terry locked up but it will never happen.

Next question?

SGH Price at posting: $2.80 Sentiment: None Disclosure: Not Held
2 Upvote

0 Great analysis

Reply

Top Stories

DUI

Panic, paranoia, and gangland politics: HotCopper users react to Dubber's missing $26M

Week 47 Wrap: HotCopper users' most watched; Brent lifts on Putin's scary letter; RFK dents CSL

PYC

Scientific conference spotlights PYC's work on blindness disease treatment

GRL

To make modern missiles, you need 3D Printing. And in that gold rush, Amaero is selling shovels

HotCopper Highlights: Your most watched stocks for Week 47, 2024

BTH

Bigtincan's Board backs Investcorp offer: Why a NASDAQ listing could be game-changing

SIG

Dale Gillham's weekly wrap: Sigma-Chemist Warehouse merger creates pharma powerhouse

MIN

MinRes's Ellison knows he screwed up – for that reason, hunt for new Chair to be sped up

LPE

Sales growth pushes Lovisa's fortunes (and shares) upwards

WC8

Pan Asia rebranding to 'clear confusion' after bagging $35M for Chile projects

There are more pages in this discussion • 11 more messages in this thread...

First 45 Last

Add SGH (ASX) to my watchlist

News: SGH Australia's CBA hit with lawsuit over pension investments, page-45

Top Stories

Panic, paranoia, and gangland politics: HotCopper users react to Dubber's missing $26M

Week 47 Wrap: HotCopper users' most watched; Brent lifts on Putin's scary letter; RFK dents CSL

Scientific conference spotlights PYC's work on blindness disease treatment

To make modern missiles, you need 3D Printing. And in that gold rush, Amaero is selling shovels

HotCopper Highlights: Your most watched stocks for Week 47, 2024

Bigtincan's Board backs Investcorp offer: Why a NASDAQ listing could be game-changing

Dale Gillham's weekly wrap: Sigma-Chemist Warehouse merger creates pharma powerhouse

MinRes's Ellison knows he screwed up – for that reason, hunt for new Chair to be sped up

Sales growth pushes Lovisa's fortunes (and shares) upwards

Pan Asia rebranding to 'clear confusion' after bagging $35M for Chile projects

Featured News