SGH 0.00% 54.5¢ slater & gordon limited

WTG Defence, page-171

  1. 22,086 Posts.
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    WTG didn't do anything wrong, SFO like a witch hunt, they are the only ones with any sense and grey matter around here, they are also the only ones that have made any money out of this whole failed SGH expedition into civilisation from the bush. You can't afford to make mistakes in London leave alone a string of them, the business enviroment is not the same as in Australia. Theres real people doing real work in London and besides it's the centre of the universe aswell. You guys should also look back at history and see how many other Aussie run businesses made the expedition to civilization (London U.K) from the bush, went on a buying spree and also made a complete embarrassment of themselves and got sent packing never to return, although NAB stuck its snout in the trough again and got food poisoning. The people that ran or in some cases still running these companies were simply fools and way out of their depth to put it nicely.
    Getting back to Ironmans and others pointless and meaningless winge about some of the wording in the defense, It struck me as more courteous rather than riddicule to only describe them as fools imo, it would help the judge keep up to speed when he's reading the case, as he would be probably in astonishment and disbelief, like i have been over the last few years, with SGH's UK activities shall we say. As some of you may imagine i quite like the style of the WTG defense document, no beating around the bush there, should even be quite educational for some i would imagine. I think UBS is up to speed on it all too, topping up a substantial holding in WTG recently, they don't miss much the old UBS.
    Now whats next.... Ahhh thats right, to me its looking like WTG is coming back from holidays, refreshed and getting set for Divi Mk ii + interest. They also seem to be on their toes and lookout for more weakness coming out of Anchorage, lol, i wouldn't be at all surprised if WTG help ease AC out of its headache and offer a few peanuts for the ringfenced U.K divisions , when are AC going to snap out of it and realise they'll never be able to get it going, SGH did nothing but run it into the ground after its "stab in the dark" purchase. WTG might pick it up for a song, change the names back and get it firing again they were, after all the only ones that owned it when it was worth something. As a fool once said any business could be improved by a margin. WTG seem quite visionary, the one eyed men in the land of the blind it seems.
    I wish i had gone to Harvard law / economics school years ago instead of studying butchering but oh well i get there in the end.
 
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