SGH 0.00% 54.5¢ slater & gordon limited

I am back. So is SGH, page-785

  1. 85 Posts.
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    The answer is exactly that the "negative posters" are trying to inform the dear Hot Copper readers who are perhaps less sophisticated investors, or novices, to tread carefully (very carefully), especially in the face of the seemingly merciless ongoing promotion of this stock. Given the price falls and information flow from the company that has occurred, arguably this promotion boarders on the irrational.

    The company will likely boom in the future, I'm sure with all the rosy predictions, it doesn't really matter. But existing shareholders in any bailout will likely have their holding diluted close to zero. That is the nature of equity- it's not secured debt. That equity is now essentially gone- now 9 cents per share.
 
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Currently unlisted public company.

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