SGH 0.00% 54.5¢ slater & gordon limited

Hi all, and especially you two... I refrain from getting...

  1. 803 Posts.
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    Hi all, and especially you two...

    I refrain from getting frustrated or even angry with posters on here, because, primarily, everyone is anonymous and one has no idea what peoples' motives actually are. However, I've taken exception this afternoon because these two posts (among the others you both have posters) are, for me, extra-ordinary.

    What on this bloody earth do you think has changed since the start of the last financial year, that could possibly indicate a 'bottom' to the share price plunge. SGH is STILL LOSING MONEY. There is no forecast of turning positive, at all. Your thoughts that we have suddenly hit the bottom because its under 10c is amazing! The reason the respective volume is so high is because there is (IMO) still a huge amount of Insto money trying to get out, not that SGH is suddenly a buy because its some 99% down!

    This is not the casino; this is serious cash, being traded, in a place of Investment. How is a company who owe $1B which they have not proven in the slightest they can pay back a suitable Investment?!?!?!

    Seriously each to their own, but please don't throw away money or post the likes of which new or unsuspecting investors will invest poorly. If you are holding, and have faith in the turnaround, good luck to you. But, until SGH proves in any way or fashion they can turn it around, plug, the hole, or whatever other analogy you wish to you - NOTHING has changed.
 
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Currently unlisted public company.

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