Australia's largest stock trading and investment forum Australia's #1 stock forum

SGH

Click for more information

0.00%

54.5¢ slater & gordon limited

Countdown to administration, page-152

First 152 Last

Share
Profile

Follow
readyaimfire

11,109 Posts.

1487

01/03/17

22:28

Post #: 23027264
Share

Originally posted by Ausbert ↑

In my view, considering that the company has several large on going cases ( VW, Manus Island, Bellamy etc.) and the impact of discount rate changes, banks may decide to extend the term of the loan, probably with a bit higher interest rate. That would be the best outcome for the company, share holders and even for the lenders. In my view, lenders has no interest in owning this company via D4E. lenders will also get nothing going for VA ( no hard assets to sell to get $730 million in the company). They also know that more than 2500 people work for this company. If they are not getting anything, what benefits lenders get destroying their livelihood? I really believe the term of the loan will be extended.

Expand

lenders are obligated to their shareholders not the employees of SGH

SGH Price at posting: 7.1¢ Sentiment: Sell Disclosure: Not Held
2 Upvote

0 Great analysis

Reply

Top Stories

BOE

$550 million Jabiluka uranium offer comes unstuck as Government rules lease won't be renewed

IVZ

Invictus banks US$5M from Zimbabwean investment fund in support of Cabora Bassa

AZL

Brine and shine: Arizona Lithium wins early stage eco approval to commence wellpad #2 at Prairie

PAM

PAM secures high-grade Chilean copper play in strong territory

BIO

Biome unveils three year revenue target up to $85M – but are 3Y targets enough to excite?

There are more pages in this discussion • 22 more messages in this thread...

First 152 Last

Add SGH (ASX) to my watchlist