SGH 0.00% 54.5¢ slater & gordon limited

Ann: Suspension from Official Quotation, page-29

  1. 1,397 Posts.
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    We all knew the results were coming... not surprising given recent price action. ASX probably sent a please explain for price rise from 50's up to 80's and because it is close to Results they thought let's be lawyers and play it safe and suspend till announcement.

    Means shorts can't cover before announcement and traders are stuck in at mercy of announcement.

    Going to be very interesting Monday morning. Could go anywhere. Anything other than disaster should be big positive for share price, as currently factored in for a very very bad situation.
 
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