SGH 0.00% 54.5¢ slater & gordon limited

I am back. So is SGH, page-1563

  1. 1,367 Posts.
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    Success perhaps you should do some factual research on just how some US hedge funds operate , its ridiculous not to be alarmed when an most of the debt of a large company is taken over by US hedge funds . The banks in Australia are governed by all sorts of regulations to protect consumers here in Australia . Martin Shreli was the co-founder of the hedge fund MSMB Capital Management and turned his attention to pharmaceuticals and became the fonder and CEO of Turning Pharmaceuticals in 2015 he obtained the manufacturing license to an out of date patent antiparasitic drug that cost US$13.50 a pill , this former hedge fund manager pushed the price developed by the former phama . company to help desperately ill people to US$750 per pill . This low life ex hedge fund founder of MSMB Capital was arrested by the FBI on federal charges of securities fraud later on . Perhaps Anchorage Capital and the other US hedge funds that own most of S&G debt and most likely soon to be owners of S&G will consider ordinary shareholders in the company . Once news of banks selling debt especially to Wall Street hedge funds it was time to exit too , enough money lost . Still have faith the company will survive but zero faith in US hedge funds now in control .
 
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