SGH 0.00% 54.5¢ slater & gordon limited

Tentative signs of rocket firing, page-400

  1. 4,431 Posts.
    so if agreement is reached that all debt to be

    exchanged for

    convertible warrants

    that will be converted into SGH shares at 20% discount

    to market price of SGH shares at that time.

    Wipes 700 million dollars debt.

    That gets added to market cap

    market cap shoots to 1 billion dollars.

    SGH delivers norma EPS FOR FINNCL YR 2017-18.
    Shows good growth for remaining 2 yrs.
    Come Feb 2020. SGH hits 12 dollars.
    Lenders convert warrants into SGH shares at 9.40 dollars.

    In the meantime they get
    usual interest payment as per agreed terms.

    No hair cut under this scenario.
    Keep smiling.
    Cheers.
    There R 2 many gr8 options available .
    I am sure both the parties can be v v creative and both can B big winners as there is lot of good will between the two.
 
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