SGH 0.00% 54.5¢ slater & gordon limited

Directors buying?, page-37

  1. 445 Posts.
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    Hi Denbo,
    The lack of communications from the company is killing me too. however I think this is part of their defensive strategy against the other law firms who are likely to drag them into a CA.

    Assuming SGH have enough brains with CA matters as they have a few themselves, I actually think minimum communication is here for a reason. Lawyers are lawyers, I don't think they will risk their neck for some "feelings" of obligation to comfort investors, rather "how to avoid being caught out by the competing law firms to avoid CA".

    After providing and withdrawing guidance, I think they are more careful to not provide any more ammo for the other law firms. I'm sure when pulled into a CA, they will have evidences to support their action, and put a valid reason to it, and make the other law firms eat their dust. You can't beat SGH in their own games, so for now, it's unfortunate we are left in the dark, but let's thinks that this is a good thing for the long run. ... I mean if you are holding and not going to sell any ways, it doesn't impact you whichever way. ( I am looking to buy more, so announcements does impact me quite significantly in the short term...).

    It may improve into the future when things calm down a bit more, but who knows...
 
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Currently unlisted public company.

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