The deal we are voting for/against is 'fair' in the eyes of the lenders.
Does anyone think the deal is fair to the shareholders/employees?
Once we vote yes we have given this company away to the greedy overseas hedge funds. NO COMEBACK.
Even if we were to go in administration (which I do not believe the hedge funds would dare - as they may loose control and follow the Australian process) we would in my opinion be better off than voting yes to the proposal.
At least we would get everything looked at impartially including the health of the business and the progress of our WTG lawsuit of $1 billion.
To me there is no doubt.
If I vote yes I have voted yes to give away Slater and Gordon.
If I vote NO I have a fighting chance.
I don't want be known as a shareholder who gave an Australian icon away without a fight.
I vote NO and I am not the only one
SGH Price at posting:
6.9¢ Sentiment: Buy Disclosure: Held
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