We can leave the misleading to you WE. Pretending to be something you are not.
The new lenders are now almost 100% with us shareholders.
Yes diluted we are but I think we can be reasonable be assured that Slater and Gordon will be back on their feet well and truly before the new lenders are able to sell their Slater and Gordon shares.
So would I sell my share today for $0.09?
No.
This share was valued at $8.00 two years ago.
5% of $8.00 is $0.40 (would I be happy with that in 3-4 years time?)
4% of $8.00 is $0.32 (would I be happy with that in 3-4 years time?)
We are now going to be almost debt free and the restructuring and performance improvement plans should be ready to kick in.
Holding and possible buying is the best way forward for me.
I am not panicking and my SGH share investment is long term.
SWC has spoken
All in my opinion.
SGH Price at posting:
8.8¢ Sentiment: Hold Disclosure: Held
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