SGH 0.00% 54.5¢ slater & gordon limited

ET - you're getting confused about share price and share value....

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  1. 840 Posts.
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    ET - you're getting confused about share price and share value.

    You seem to be saying you know more about the markets than Warren Buffet. His take is that:

    "Price is what you pay
    Value (lack of it presently in this case) is what you get".

    The market in this share appears to be made up of people like you, who see 'hope' as a valuable asset. KMPG (whom you also seem to saying you know more than too) don't.

    It might make sense trying to get your head around simple arithmetic concepts (eg how do you divide something by 100) before loudly making proclamations on a public forum that make you look silly.

    Have you considered betting on horses?The immediate returns can be sensational if you pick the right horse (eg one that's won before, but don't forget to check if the horses it beat had the right number of legs)

    GL - I suspect you might need more than the usual amount
 
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