GREY:POOSF - Post by User
Comment by
alkhoron Aug 26, 2020 1:46pm
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Post# 31456595
RE:Website Update
RE:Website UpdateI'm assuming the distribution will be based on the losses each shareholder incured rather than a payout per share. I don't know how many shareholders applied for the class action, some may not have bothered as any settlement may not have been worth their time and effort, but assuming everyone applied the payout will average $0.30 per share. This is also assuming the lawyers and fees are in the neighbourhood of 30%
It will definitely be a lot less of a payout than the 75% recovery some were hoping for.