IMF 0.28% $3.60 imf bentham limited

News: IMF IMF Bentham announces funding of class action against against UGL Ltd, page-11

  1. 7,445 Posts.
    So in answer to Wolfein's question, - i.e. is this the reason for yesterday's IMF share price rise.

    Perhaps.

    Yet because of the ugly UGL carve out, I can't imagine this will be a whale for IMF-Bentham, but simply another contract in the 60 plus (estimated) cases they now underwrite. As to a materiality estimate 1/60 = 1.66% & the price moved more that that.

    The UGL announcement was made prior to this final funding arrangement too. So if there are any knowing 'lead steers' amongst IMF shareholders, this announcement ought have at least been partially discounted prior to yesterday.

    The Case Investment disclosure ought show any material case change, when it is disclosed to end Sept, (arround 3 week in October?). We may of needs be, have to wait.

    Cheers
    Last edited by denk12: 29/09/16
 
watchlist Created with Sketch. Add IMF (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.