SGH 0.00% 54.5¢ slater & gordon limited

Happy with the results today, unsurprised as well which is good....

  1. 327 Posts.
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    Happy with the results today, unsurprised as well which is good.

    I do note however that the mention of ASIC's work has changed from "concluding in the coming weeks" to "continuing to cooperate."

    In the scheme of things I don't think this is a big deal, but I do think that it may mean that though we'll jump at open today we may see a retraction similar to after the announcement of a month ago.

    Shorters seem to play a hardball game: end of the day it's all about the numbers and if there's holes they can potentially exploit especially with their mates at the AFR I think us longs have to remember that volatility is still going to be in play whilst there's longstanding unanswered questions.

    A great buy long term but don't panic sell if we see spikes and falls today. Remember the fundamentals.
 
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