SGH 0.00% 54.5¢ slater & gordon limited

AFR Street Talk article just out, page-62

  1. 1,139 Posts.
    lightbulb Created with Sketch. 208
    Market response to some announcements could be huge. Yesterday SCU said they are thinking of entering medical cannabis industry. Its share price increased from 1 cent to a high of $1.08 with a reasonable volume, just in two days ( Yes, unbelievable). SCU is a company that has no revenue at all. Imagine what a good announcement can do to a company that earns close to $1 billion revenue per year? A good announcement such as "new debt owners have decided to extend the loan by 5 years"
 
watchlist Created with Sketch. Add SGH (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.