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

SGH

0.00%

54.5¢ slater & gordon limited

Ann: Market Update, page-77

First 77 Last

Share
Profile

Follow
Krispytech

4,431 Posts.

21/12/16

12:20

Post #: 21485255
Share

Originally posted by denbo ↑

Well, much as I'd like to agree with you, I'm not sure about this.

Like the Tax Office, ASIC is almost law unto itself - mostly.

When it chooses to wave it's big stick you don't want to be in it's sight - it's got the 'law' behind it.

Part of it's duties are those of a regulator - whether it's any good at forensic regulating is something else - but it created more 'rules' and 'guidelines' than anyone can keep up with - it's so out of control in this area many of it's 'rules' are conflicting at worst, confusing at best.

Now, no matter what the outcome of this investigation is, there's no smoke without fire.

Someone/something has rattled ASIC's cage - why now? We'll never know.

Timing's too convenient IMO

Anyway que' sera sera

SGH BOD need to have their backsides covered on this one - they're individually responsible.

I'm sure they have - and I'm hoping this is no more than the campaign that's been raging last 18 months by the people who really pull the strings.

But, if ASIC gets it's teeth in - even if the end result isn't worth the hassle, it'll be hanging around SGH like a bad smell for ages.

One day, they're going to want to make more dosh, on the way up again, and suddenly things will change and SGH will be the blue-eyed-boys again.

Can't be too soon for me.

Expand

Looks like it is more of an effort by SGH to do the whole lot and finally give all clear to SGH .
They did lot of work last time.
This time it is only the remaining bit. so should be pretty good for SGH if and when all clear comes.

SGH Price at posting: 25.3¢ Sentiment: Buy Disclosure: Held
1 Upvote

0 Great analysis

Reply

Top Stories

STK

5.6g/t gold intercept at Serbia's Rogozna supports Strickland's hopes for high-grade core

The market's shrugged at China's stimulus measures all year. Why is this one different?

Week 39 Wrap: What HotCopper’s watching; China’s new stimmy moves boost metals; Oz CPI drop

The winners & losers on market if negative gearing were gone

KAL

KalGold rolls out detailed aeromagnetic survey across Pinjin project

ACW

Actinogen Medical ramps up Alzheimer’s treatment trials, targeting fast-track global approvals

DEG

HotCopper users muse on De Grey's denial of Agnico Eagle takeover bid – but who are Agnico?

ESR

Estrella first foreign entity to win tenements in Timor-Leste under new laws ahead of 2025 tenders

NAM

ACCC seeks Olam divestments before it can buy Namoi Cotton

COD

Coda Minerals (ASX:COD) enters rights issue to further exploration in South Australia

There are more pages in this discussion • 163 more messages in this thread...

First 77 Last

Add SGH (ASX) to my watchlist

Ann: Market Update, page-77

Top Stories

5.6g/t gold intercept at Serbia's Rogozna supports Strickland's hopes for high-grade core

The market's shrugged at China's stimulus measures all year. Why is this one different?

Week 39 Wrap: What HotCopper’s watching; China’s new stimmy moves boost metals; Oz CPI drop

The winners & losers on market if negative gearing were gone

KalGold rolls out detailed aeromagnetic survey across Pinjin project

Actinogen Medical ramps up Alzheimer’s treatment trials, targeting fast-track global approvals

HotCopper users muse on De Grey's denial of Agnico Eagle takeover bid – but who are Agnico?

Estrella first foreign entity to win tenements in Timor-Leste under new laws ahead of 2025 tenders

ACCC seeks Olam divestments before it can buy Namoi Cotton

Coda Minerals (ASX:COD) enters rights issue to further exploration in South Australia

Featured News