SGH 0.00% 54.5¢ slater & gordon limited

Ann: Recapitalisation Agreement, page-188

  1. 23,128 Posts.
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    Yeah I copped flack and was considered a trator for joining CA. I felt AG & Co had been dishonest and betrayed my trust but I felt too deep in red to sell. It's very hard to sell when you're so far down but since then I've started to rebuild and enjoy life again. I really think there's more pain to come for anyone who holds this stock.

    As far as CA goes you can only be paid once for the same claim period. Besides MB I could join ACA because they have a earlier claim window but my earlier loss wasn't much then. I lost most my money believing AG later on and averaged down. IMO there is no upside reason to hold SGH but only further downside risk and losses to come.
    Last edited by jimk3758: 30/06/17
 
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