SGH 0.00% 54.5¢ slater & gordon limited

I am back. So is SGH, page-1720

  1. 12,263 Posts.
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    While you guys are back to discussing the ins and outs of the financial REALITY
    Just thought I would add a chart to the mix-
    The other day I was pondering what will happen and thinking about when we will see the announcement regarding DFE-
    So I pulled up a monthly chart that goes back 5 years - Then I had a look at the whole history- from 2007- From listing it hovered around $1.50 until 2012 - which I presume is when all the acquisitions began.
    Interestingly the rise to $8 was not supported by huge volume-  but it rose and rose-
    Looking now in hindsight the first high volume warning was on 1/4/2015
    That escalated on the 1/6/2015
    Pure panic and high volumes then started on the 1/11/2015 that is when we saw the first huge 300 mill volume step in-
    Since then it has been chaos- I'm going to sit back and ponder a bit more as I think the volume on the 1/3/2107 belongs to a different category-
    presuming we have reached the bottom- which can't be yet confirmed if you stick to the school of thinking it needs to go up to be confirmed but that was indeed massive volume on that day- anyone care to wade in with thoughts would be interesting sgh.JPG
 
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Currently unlisted public company.

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