ASIC result not a big factor for me. My concerns will be eased when I see a positive result from SGS. Looking forward to some more updates from the company regarding the actual performance and trend of this new purchase hopefully at the investor day. At the moment all I have to go off is the 5 million loss in the small time it traded prior to the end of FY15 and yes that probably included many one offs. Am confident that long term Slater and Gordon will do very well out of this purchase however for the time being the performance is a bit of a mystery and hence too speculative for me. Need more communication from SGH to investors and suspect that will come in time.
SGH Price at posting:
$3.04 Sentiment: None Disclosure: Not Held
