Thx hawnkoa. I went down the Index and landed on "Legal Matters". I did check a cpl others but "Risk Factors Related to the Offer" wasn't one of them.
WOW!! $110MM if all successful! From the little I recall reading about a paraghraph on this some time ago, I'd surmise if one case was successful they'd all be successful. This problem arose when ARU transferred from the VSE to the TSE but for some reason the Warrants weren't transferred. I'll have to try Googling it.
I wonder if ARU attempted to clean this up prior to the K Offer but found the Claimants weren't ready to "Settle". Converted into shs that's over 10%. I couldn't find the o/s shs on the ARU site so got 135.45 shs off Stockthouse. Is that correct?
If successful they'll likely end up better than us. All Cash and no stinking 5 yr Warrants at $32 while, if K is successful, (bite my tongue) we'll be selling into weakness as the Funds will be liquidating their excess Kinross. What a mess!