SGH
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0.00% 54.5¢ slater & gordon limited

WIP has been slashed for accounting purposes (esp. re: adoption...

  1. sg21
    28 Posts.
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    02/03/16
    08:26
    Post #: 17161768
    WIP has been slashed for accounting purposes (esp. re: adoption of AASB 15)...that doesn't necessarily mean that balance at 31.12.15 is the only WIP that could be converted to cash. There is potential upside. If ASIC have reviewed, in light of the media attention, the WIP assumptions would have been very very very conservative IMO
    SGH Price at posting: 31.5¢ Sentiment: Buy Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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