SGH 0.00% 54.5¢ slater & gordon limited

Loading up the truck, page-506

  1. 553 Posts.
    @Chesterton

    Although sometimes I have a different view with you, this time I fully agree with you here. The share price drop from initial of $8 to current price is showing lack of confidence in the company. The buyer who is still holding is mainly based on the expectation of positive cash flow in the second half. If the company is healthy, no CR is required. A CR at current price is clear indication of the company has trouble, which completely oppose to what they said previously, this is equal to open door for shortlist and making the faithful buyer run away, the outcome is catastrophic.
    Last edited by geralvin1484: 14/01/16
 
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Currently unlisted public company.

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