As a long-term holder in Slater and Gordon to say I’m disappointed with the takeover offer from Allegro would be an understatement but even worse is the current Board think it is acceptable. It is a disgrace and I will never been accepting it. The company is turning around and just as it is happening the Directors have sold out holders at a low price of 55 cents. I note in the 2022 Annual Report not one Director held any shares in the company so they nothing to lose unlike 99% of shareholders that will lose money at $.55 cents a share. I have real concerns about some of the comments in the media from key executives and I must question if the Directors are working for shareholders at all who pay their wages? They are supposed to do that any law. I will be taking my concerns up with ASIC and the ASX and writing to the top holders to state my concerns and ask for their support. I ask all concerned shareholders to do the same as we are allowed to do this and fight to protect our holdings and hold Directors to account.
SGH Price at posting:
54.5¢ Sentiment: Hold Disclosure: Held
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