SGH 0.00% 54.5¢ slater & gordon limited

Ann: Market Update, page-87

  1. 164 Posts.
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    Its not you HO - you are simply running a scare campaign & talking your book.

    Now you are suggesting debt is an issue when the takeover was largely funded by equity!!

    And as far as the market goes fairly obvious what is going on. Any news (even positive when you analyse it) sees the SP get hammered by the shorters.

    Interestingly the shorters tried it today & look what has happened.

    S&G has stated a number of times they were aware of the issues at quindell & so did their own due diligence, adjusted pricing to suit & on review see no issue.

    This stock is now trading far far below fundamental value which will be proved once S&G report results, buyers re-enter the market to buy an incredably cheap growth stock and shorters are forced to cover.
    Last edited by Granta26: 06/08/15
 
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