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54.5¢ slater & gordon limited

Anchorage buys debt, page-189

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brad0990

3,333 Posts.

115

06/12/16

12:42

Post #: 21136376
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Originally posted by Dr.Who ↑

brad, as an aside. Did you see it reported yesterday that ASIC are supposedly looking into BAL trading and disclosures?

I found that interesting as there are similarities with SGH. At the AGM Bellamy reaffirmed all is well and then weeks later gave a profit downgrade. I don't follow Bellamy, just taking that secondhand.

Given disclosures are a major part of the SGH class action, BAL is an interesting development worth watching. ASIC were in the Slater & Gordon camp throughout the period of alleged disclosure issues and yet despite a similar circumstance of withdrawing guidance shortly after AGM it would appear ASIC had no reason to comment on S&G guidance and disclosures.

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Yes doc very similar circumstances absolutely but one big difference as reported all the directors were selling there shares before the disclosure

SGH Price at posting: 32.0¢ Sentiment: Buy Disclosure: Held
2 Upvote

0 Great analysis

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