Australia's largest stock trading and investment forum Australia's #1 stock forum

SGH

Click for more information

0.00%

54.5¢ slater & gordon limited

On a related note, page-22

First 22 Last

Share
Profile

Follow
jimk3758

23,989 Posts.

83

23/12/15

18:49

Post #: 16677694
Share

Originally posted by Copter ↑

I have. It's my understanding while there's 50 million pounds in an escrow account , the warranted amount is 100 million. No details have been provided other than discribing them as extensive. It's not unreasonable to conclude warranties may have included performance. I daresay we should get an insight by the half yearly. The number 1 issue facing Sgh is debt. The regulatory changes isn't about wiping solicitors off the face of the earth, but Sgh has a debt pile to service. That frames the debate. The banks will want that debt pile to reduce by cash generation, not occurring, equity raising, not likely, I daresay its solicitors and retail shareholders that own the business, or asset sales.

Expand

If problems due to PSD purchase the new CFO should pursue $100M claim against warranty if appropriate.

SGH Price at posting: 91.5¢ Sentiment: Hold Disclosure: Held
Upvote

0 Great analysis

Reply

Top Stories

IRX

InhaleRX gains approval for clinical trial to test non-opioid therapy for cancer pain

BNL

Blue Star Helium sees approval for five more wells at 'Galactica/Pegasus' project in Colorado

GDM

Banshee's historic trenches prove rich in antimony and gold for GDM

CUF

CuFe sells its Crossroads gold royalty to Northern Star for $4M cash; says better than waiting for mine launch

Week 46 Wrap: Copper hits 2mth low as Trump threatens net zero pace; US rally fades; HotCopper’s picks

HotCopper Highlights: Your most watched stocks for Week 46, 2024

CLE

Cyclone signs MOU with Vale for development of Iron Bear play

EEG

NT Gov't delivers environmental approval for Empire Energy's Beetaloo Carpentaria pilot gas play

3DA

To make modern missiles, you need 3D Printing. And in that gold rush, Amaero is selling shovels

BTH

Bigtincan's Board backs Investcorp offer: Why a NASDAQ listing could be game-changing

First 22 Last

Add SGH (ASX) to my watchlist

SPONSORED BY