Post by
astonbay on Feb 27, 2024 5:57pm
$2 Billion USD Award = $1.81/Share
Most Likely Scenario
$2 Billion USD - 30% Legal & Other Fees = $1.4 Billion USD
$1.4 Billion USD = $1.89 Billion CAD
$1.89 Billion CAD / 1.04 Billion Shares = $1.81 CAD/Share
Optimistic Scenario
$5 Billion USD - 30 % Legal & Other Fees = $3.5 Billion USD
$3.5 Billion USD = 4.73 Billion CAD
$4.73 Billion CAD / 1.04 Billion Shares = $4.55 CAD/Share
Comment by
astonbay on Feb 27, 2024 6:01pm
I can't guarantee that legal fees will be 30% but this is a rough estimate based on similar cases.