If a win, 3.5 if a loss 1m. Now don't forget legal fees, costs awarded, etc, and certainly your $1m diminishes. We haven't heard what the finance and advice fees will be for the whole deal. Add in some compliance and audit fees to make sure it's a clean exit.The board will have to have a bit of a bonus I suppose for brokering all of this. Preferably paid in post dividend shares but that's unlikely.
I think your 0.4 difference is gone in costs and bonuses in a blink of an eye.
If it goes tits up then the admin will needs the 0.4 to hunt the assets from the safe and put it to bed.
Have we heard from BO lately? The last lot of stuff was all CJ. If he turns up again then maybe there's something out of the 0.4 remaining. If he remains AWOL then there is no 0.4
