SGH 0.00% 54.5¢ slater & gordon limited

Ann: Update on Capital Structure, page-89

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  1. 1,141 Posts.
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    please do not compare SGH to SCU, which has no revenue and almost all owned by 5 Asian investors ( no one knows for sure where they live). SGU has more than 80 years of history serving Australian people. They had paid dividends before. They are fast becoming a household name in the UK. Made $360 million revenue even in the most H1. Its share price dropped from $8 to 8 cents due to enormous debt. Company has just announced that debt is going go down significantly as a part of the deal. There is a big reason for today's buying.
 
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Currently unlisted public company.

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