According to both AFR and MF articles, banks have asked the company to reduce debt and not eliminate the debt. MF suggests that is about $100 million at 50 cents. That is 200 million shares. Some may wonder why banks will by paying a premium. It is because they know that once bank says " Yes", SGH will be trading above $1 mark. They can make big gains within short period of time. By the way, considering the dire situation we had, I do not mind having 200 million more shares. If goes well, Slater and Gordon again will be a profit making, dividend paying stable company with Westpac as their largest shareholder. Not a bad outcome. Enough for today. more later.
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SGH
sgh limited
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1.21%
!
$51.27

Broker Data, page-28
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Last
$51.27 |
Change
-0.630(1.21%) |
Mkt cap ! $20.88B |
Open | High | Low | Value | Volume |
$51.65 | $52.27 | $51.14 | $3.245M | 63.01K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 156 | $51.27 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$51.30 | 88 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
5 | 172 | 51.250 |
3 | 171 | 51.240 |
4 | 129 | 51.230 |
5 | 160 | 51.220 |
6 | 183 | 51.210 |
Price($) | Vol. | No. |
---|---|---|
51.300 | 26 | 1 |
51.310 | 145 | 7 |
51.320 | 175 | 9 |
51.330 | 123 | 4 |
51.340 | 151 | 5 |
Last trade - 12.58pm 08/07/2025 (20 minute delay) ? |
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SGH (ASX) Chart |