This where I disagree, we were offered £1 a share as part of the deal with S&G. 10p was kept in an Escrow account for any future settlement relating to the deal. This was due to be paid one year after the deal. S&G managed to convince a judge that they had a claim to the Escrow monies and he agreed that they could have and the planned pay-out was held over. This has now been settled and the monies that paid for the fund came from the deal, need to be paid in the same way the 90p was distributed. This my belief and as you say we will find out in due time what will happen with it.
The escrow account is not an asset of the current company it is held in trust, paid for by the QPP shareholders to cover any further costs. These are now settled and will be paid to the shareholders that were shareholders at the time.
Agreed 90p was paid out then, but 10p of the £1 total was used to fund the Escrow, which was due to be paid out, but stopped by S&G. All the original holders at the time are entitled to the remain Escrow after the settlement and any interest not the current shareholders.
I thought YA were limited to 15% of volume per day. Where are all the other round number sales coming from. I think they are being allowed to get out ASAP. Which is why the SP is under pressure but good for LTH in the end.