SGH 0.00% 54.5¢ slater & gordon limited

SGH is a mess - what a disappointment, page-303

  1. 2,144 Posts.
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    I'm still trying to work out who bought that 50+ million shares that changed hands last Thursday/Friday after that carefully worded, unsigned, announcement.

    Anything that was traded went in a flash - with seemingly little regard for the possibility of the SP contining it's downward spiral.

    Shorters? - might make sense.

    And who's working at keeping the SP down every market-close.

    If anything SGH seems to be quite up-beat about re-financing in it's media releases - like it's going to be almost a formality to work out a deal with lenders - even if cash-flow doesn't improve.

    Possibly SGH has sold lenders on it having massive income in the future based on it's CAs.

    Surely if SGH was in a price-sensivie crisis, right now, it would have to issue a statement.

    At the risk of sounding like Krispy - strikes me all is not what it seems.

    Anyone got any ideas.
 
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