SGH 0.00% 54.5¢ slater & gordon limited

Ann: Update on Capital Structure, page-30

  1. 490 Posts.
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    Right jimk. Cannot put a positive gloss on this news. Just postpones the evil day for SH. Company is now in the hands of the vulture fund Anchorage, the New York one, and others. We know what they do. I think that after diluting the Sh to virtually nothing they will start disassembling the ship and sell some of the acquired practices both here and in UK back to the original owners and keep the good parts maybe dress it up and flog it via a public issue. I for one will not be a starter . I have learnt my lesson.
 
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Currently unlisted public company.

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