SGH 0.00% 54.5¢ slater & gordon limited

Anchorage buys debt, page-14

  1. 27,860 Posts.
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    GC8 is on the money

    "its business also involves raising money from professional investors, but for the purpose of acquiring distressed debt or equity positions at a discount to their true value and then disposing of them at a profit when the true value is later realised. "

    True value yet to be realised but the hold might be a lot ,  longer than we expected
    My distorted thoughts alone
 
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Currently unlisted public company.

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