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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0.60%
!
$51.59

Broker Data, page-28
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Last
$51.59 |
Change
-0.310(0.60%) |
Mkt cap ! $21.12B |
Open | High | Low | Value | Volume |
$51.65 | $52.27 | $51.59 | $613.5K | 11.86K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 153 | $51.59 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$51.63 | 30 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 1 | 51.660 |
1 | 25 | 51.650 |
4 | 75 | 51.640 |
3 | 74 | 51.630 |
4 | 75 | 51.620 |
Price($) | Vol. | No. |
---|---|---|
51.700 | 25 | 1 |
51.710 | 23 | 3 |
51.720 | 93 | 4 |
51.730 | 42 | 3 |
51.740 | 30 | 2 |
Last trade - 10.10am 08/07/2025 (20 minute delay) ? |
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SGH (ASX) Chart |
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AGC
AUSTRALIAN GOLD AND COPPER LTD
Glen Diemar, MD
Glen Diemar
MD
SPONSORED BY The Market Online