SGH
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0.00% 54.5¢ slater & gordon limited

Debt is 3 times larger than market cap, page-38

  1. ThoughtfulB
    202 Posts.
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    27/11/15
    13:39
    Post #: 16494552
    Why would there need to be a rights issue if they deliver on guidance?

    It's the future of the SGS UK business which looks dicey, not the current WIP. Deliver on WIP and they'll avoid needing a rights issue until the impact of the proposed UK legislative changes becomes clearer. Even if they miss guidance by 50%, I can't see a need for a rights issue.
    SGH Price at posting: 70.0¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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