SGH 0.00% 54.5¢ slater & gordon limited

Denbo Agree with your comments but surely some legal...

  1. 490 Posts.
    lightbulb Created with Sketch. 8
    Denbo Agree with your comments but surely some legal restrictions could be placed on Australian listed companies risking shareholders capital to the 90% extent that occurred here resulting in almost total loss . Shareholders need better protection to avoid any more disasters of this kind in the future to encourage some sort of trust in the investor who puts his cash in . A company has to satisfy a bank and meet certain capital and income testing ratios . Why can't some sort of protection be given to Shareholders in the unusual circumstances that applied here.
 
watchlist Created with Sketch. Add SGH (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.