SGH
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0.00% 54.5¢ slater & gordon limited

We don't know if the company is profitable, we only know that AG...

  1. jimk3758
    23,128 Posts.
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    26/09/16
    17:34
    Post #: 19428797
    We don't know if the company is profitable, we only know that AG said the bleeding has stopped. Banks don't care if the company has net profit as long as they keep getting paid from cash flow. No bank will or can force admin if they are getting paid per the agreement. However IMO if the company is not profitable banks will still demand further restructuring.
    SGH Price at posting: 38.0¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
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