SGH 0.00% 54.5¢ slater & gordon limited

Going going gone, page-410

  1. 13,316 Posts.
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    I tend to think good chance could gap up Monday....but I don't gamble on these sort of binary events. But to outline why I think it could.

    My thinking on this is bit on the psychology of how they pre-announced that H1 was cash flow negative and way reported only figure given was last half's net operating cash outflow of $20.9m so most people would have that figure in their head. When in fact told it will be less than that. Lot of course will also depend on the commentary and probably at these levels anything positive could contribute to a gap up as well, as with a market cap of $56m (ouch) would not take much. This stock could be volatile and probably not for the faint hearted.

    Anyway it does not matter what I or anyone else thinks at the moment as SGH will release their half year report on Monday and the market will do what it will do based on what they release. For the poor long suffering shareholders of this stock I hope you get some respite. At least if people could tone down the insults to those investors still holding as just not necessary to vilify people who yes in some cases may be just ordinary mum and dad investors who thought they had invested in a safe blue chip company. I am sure if they have held for a long time they are in a lot of pain and don't need you to make them feel worse.
 
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Currently unlisted public company.

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