SGH 0.00% 54.5¢ slater & gordon limited

Ann: SGH advises Watchstone Group Plc of claim under SPA-SGH.AX, page-132

  1. 4,431 Posts.
    I dont think it has to do with MB CA coming. This claim against WTG had to come any way.
    Yes once it gets going here and money flows to SGH from WTG, then i am expecting more parties to receive claim notices from SGH soon v v soon after that.
    SGH management was working to put SGH in working mode and out of life threatening crisis which it is in my views. They have to continue working on it to improve margins, profits, CF etcc and the side show will keep going.
    I thnik risk has minimised now and those who have gone through the pain will reap decent rewards. They may and i think as every one knows wont come over night but i think with every passing day we are getting closer and closer.
    As i have written many times, there R 2 many variables and too hard to guess when how and to what degree they will manifest.
    I however feel that those who stay will see even 8 .12 dollars become history.If that happens in 2 years or more , idont have a clue.
    One step at a time.
 
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