SGH 0.00% 54.5¢ slater & gordon limited

FY16 results - My thoughts on OCF, non-recurring expenses and debt, page-11

  1. 720 Posts.
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    I've risked 5% of my assets on SGH.

    Thinking of going to 10% but no further.

    As I buy more, average price ( = average risk?) goes down.

    If things go badly and I lose say half or even all, will write it off as an expensive education. If things go well, I won't have to worry about cash for the rest of my life (assuming no disastrous crashes occur), and can easily live off the dividends.

    The question is "what are the odds of recovery".

    But as Han Solo said "Never tell me the odds kid".

    But Han Solo wasn't real.
    Tell me. Am I dreamin' ?
 
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