SGH
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0.00% 54.5¢ slater & gordon limited

ok - maybe I will bother...a little accounting 101... ignore...

  1. cung9263
    133 Posts.
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    29/06/17
    12:03
    Post #: 25561704
    ok - maybe I will bother...a little accounting 101...
    ignore everything else...if you have $2 in total liabilities and shareholders equity (SHE) ...$1 in debt and $1 in SHE ...then you convert it from debt to equity...you have $2 in equity...$0 in debt....does your company change? they did this because debt would of blown them away.
    just my opinion...
    SGH Price at posting: 9.0¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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