Can SGH be saved, page-78

They will be fine ......

Slater and Gordon had about $52 million in cash at December 31. That suggests that at the current cash burn rate it can survive till until the end of March without needing more money from the banks.
There was one positive in the latest Slater & Gordon accounts. The accounting for work in progress was endorsed by the Australian Securities and Investments Commission, which said it had completed its investigations into the company's accounts.


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