SGH 0.00% 54.5¢ slater & gordon limited

Buying SGH, page-123

  1. 1,141 Posts.
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    This is what I have posted yesterday.
    I have observed SGH share price daily for more than 18 months.  I would tell you that today's closing action was very different. At 4:00 pm, share price was 6.9 cents. I put an order for 127k shares at 7 cents thinking I would definitely get it. Surprisingly, more than 1 million order appeared 7 and above 7 cents grabbing whatever left. If shares only worth 1 cent and the company is about to go to VA ( as some HC experts suggest), why some one rush and buy  a large chunk of shares 2 pips above the closing price? call me crazy, but I expect 10 cent by the close of tomorrow.
 
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Currently unlisted public company.

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