SGH 0.00% 54.5¢ slater & gordon limited

Ann: SGH FY17 Results Presentation, page-96

  1. HK1
    590 Posts.
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    I don't see any buyers at 2c in the market currently.

    I think a majority of shareholders in SGH are mum and dad investors (institutions jumped a long time ago) and they are just sitting on it - they have lost 98% of their money, so they might as well just leave it and ride the thing until the end. The share price will just continue to drift down until the recapitalisation.
 
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Currently unlisted public company.

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