Australia's largest stock trading and investment forum Australia's #1 stock forum

SGH

Click for more information

0.00%

54.5¢ slater & gordon limited

Ann: Update on Capital Structure, page-33

First 33 Last

Share
Profile

Follow
kpkg

4,149 Posts.

17/03/17

09:50

Post #: 23422116
Share

Originally posted by Ausbert ↑

Will be an interesting day today. I think 22.5 million shorters have waited too long to close their positions. There is no reason for SGH share price to go down any more. As many have repeatedly posted, this company makes close to $1 billion, has a big market share both in Australia and in the UK. They have made a big error and suffered a lot due to uncontrollable debt. Yes, share price has gone down from $8 to 8 cents. Now the debt is going to be dramatically reduced so that the share price recovery process should start from today.

Expand

Again you need to understand the debt is exactly the same just the people who own it will now tighten their grip on the company and act in their own interests not yours.

SGH Price at posting: 8.9¢ Sentiment: None Disclosure: Not Held
5 Upvote

0 Great analysis

Reply

Top Stories

BM8

Battery Age Minerals gets set to capitalise on critical mineral demand

KAU

Kaiser Reef reports new A1 untapped gold zone – flags move past 'remnant mining'

MKT

The ASX can overlook its Telecomm small-caps. Here’s one diversified brand with an international footprint

PME

Pro Medicus snaffles 5-year contract extension worth $32M for RIS technology

ASX Market Update: Index pulls back from record highs | October 16, 2024

There are more pages in this discussion • 281 more messages in this thread...

First 33 Last

Add SGH (ASX) to my watchlist