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54.5¢ slater & gordon limited

I guess once the announcement is released it's an informed...

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Reaper11

20,995 Posts.

71

29/06/17

10:41

Post #: 25558368
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Originally posted by HAC30 ↑

My first thought was how this could be released without a TH...

As far as the buying, remaining shorts closing out to move onto the next victim? Or there's always those stragglers who don't understand what's just happened. "They agreed to a recapitalisation, we are working with lenders this is great! Look how much the debt has reduced!"

In fairness, it could have been worse. 5% (although 4% after warrants) is better than 2% or $0 in admin.

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I guess once the announcement is released it's an informed market...so no reason not to trade.

Reaper.

SGH Price at posting: 9.3¢ Sentiment: None Disclosure: Not Held
3 Upvote

0 Great analysis

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