Just thought I'd quickly go through the matters that might impact share price moving forward
1. ASIC investigation
Completed and new accounting standards implemented.
2. Regulatory change in the UK
Extremely unlikely to occur given Brexit. Even if it does, it is going to be substantially delayed.
3. Banking facility support
Confirmed and finalised.
4. Class actions
Still going ahead and may be an issue. Possibly covered by insurance?
5. Business profitability
WIP methodology made more conservative (unlikely to be further downside)
NIHL matters (can't be any worse than last year)
Brexit (net positive as businesses in all areas will need legal advice)
Australia (a number of new class action suits being handled by SGH)
Onwards and upwards from here
- Forums
- ASX - By Stock
- SGH
- e undoing of Slater & Gordon
e undoing of Slater & Gordon, page-20
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