SGH 0.00% 54.5¢ slater & gordon limited

Ann: Suspension from Official Quotation, page-206

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  1. 3,827 Posts.
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    It's in lap of Gods now until detailed comprehensive update from company. Not necessarily coming as scheduled on Monday, though might still be. Often pattern after Suspension is to drag out news, sometimes months. Nothing said done on HC will have an iota effect, except as pleasant chin-wagging and sharing different perspectives.

    For what it's worth I think the market is still betting some sort of survival: I'm informed buyers off-market in 'grey' in volume @25c this afternoon. Maybe they think they know something. Maybe it's still opportunity of lifetime.

    I'd say if you have a Quindell writedown problem which I think they do, this poor way to bring it up. Ideally at same time as saying still lender strong support. But to their defence, it doesn't matter once suspended.
 
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