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54.5¢ slater & gordon limited

Let's be clear here, using 5% is misleading - current...

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29/06/17

19:34

Post #: 25574286
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Originally posted by Wyman Wells ↑

Quite possible some longer term holders may refuse to support the d4e out of pure spite or sour grapes (many have already lost 90% of their investment and may be happy to play the spoiler at this point)

On the other hand, 5% of something is still money in the pocket, and heavy hitters like @denbo with his 100,000s invested in this horrible mess may still be keen to salvage what they can.

Similarly, those that have jumped into the stock more recently and are not much below their original purchase price would presumably jump at the opportunity to claw back as much as they can rather than go down with the ship

In any case, I hope its finally dawned on remaining bulls that there was never a pot of gold at the end of this rainbow. The light you thought you saw at the end of the tunnel was an oncoming train. It's a choice between 'bad' and 'very bad'. You had no right to expect otherwise

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Let's be clear here, using 5% is misleading - current shareholders are getting 4% of the company, excluding up to GBP250m with WTG and sale of UK subsidiaries. Also, shares can still be issued to management and the Notes can be converted to shares. So there really isn't much company left for current shareholders.

SGH Price at posting: 8.8¢ Sentiment: Sell Disclosure: Not Held
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