Suggest people look at London listed Redde plc (ticker REDD). Same business as SGH. Could have gone bust a few years back due to poor cashflow, and was heavily shorted. The banks stuck with it, and the shares have ten bagged in the last couple of years.
Can't be sure that the same will happen here, but I can see patterns in how the jackal shorters spread fear for short term trading profits.
Law firms have not been listed for very long, and maybe the market just needs to understand better the cash- collection profiles of these businesses?
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Suggest people look at London listed Redde plc (ticker REDD)....
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