SGH 0.00% 54.5¢ slater & gordon limited

Ann: Suspension from Official Quotation, page-271

  1. 2,468 Posts.
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    Yes it seems that we are not communicating properly. I know... What i meant to say was that my initial post might have seemed directed at you, just wanted to clarify that it wasnt.. All I wanted to say was that the banks would be negligible to call the loans in early (even if covenants broken) as SGH will have the next 6months with a lot of positive cashflow.

    Making it go into administration before realizing these gains is stupid, id love to see the banks explain to their investors why they decided to write off 400-500milon of their debt when the next six months will bring positive cashflow for SGH.

    This is why i think SGH wont fail, they have the Auditors, ASIC and even the banks behind them. Last time i checked its in everyone's interest for SGH to survive.

    The only people who would like to see this firm fail are competitors (M. B.) shorters (hedge funds), the media (for the sake of the story).
    Last edited by Nikec: 24/02/16
 
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