SGH 0.00% 54.5¢ slater & gordon limited

SGH will prosper and grow now, page-19

  1. 60 Posts.
    Surely the banks best chance is to let SGH bring in the fees?

    Look at what happened in the U.K. with Helphire (now Redde), a very similar business.
    About 2012 Helphire was up shit creek, heavy borrowings, struggling to pay interest and to keep the cash flowing. The banks supported a capital reconstruction, and the shares have rocketed since.
    There is no way that the banks can bring in the cash like the lawyers can.
 
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Currently unlisted public company.

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