SGH 0.00% 54.5¢ slater & gordon limited

Any catalyst until Aug?, page-73

  1. 2,018 Posts.
    As a WTG shareholder ( Very small now) I cant help believing I am invested in WTG for the distribution of the Escrow dosh
    and not much hope from the mishmash. I have a notion eagle was right all along and the whole lot is probably for sale when tidied up. Certainly WTG has put Muckerjee on what is effectively a sales incentive scheme. Its more than a notion, it is a for sale sign.

    I see value in the discreet canadian Clinics business , Ingenie and Hubio. How much - but $75M wouldnt be far off.
    Cash - well the Escrow is $100M and there is another $190 M lying around of which $150M probably not needed in the short term by WTG operations.

    $250M would be handy + the share of NIHL profits. $300M would not be unuseful to SGH.
    Of course managing the mishmash and onsales might be just left to Muckerjee - or an alternative view is - its a mess - stay clear.

    Mel
 
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