SGH 0.00% 54.5¢ slater & gordon limited

Escrow, page-206

  1. 1,796 Posts.
    lightbulb Created with Sketch. 6
    I posted a little time ago a response from IR. The Citi sale is a proposal and SGH indicated that it had to consent to it. Therefore the report is not correct or truthful as it says it has already occurred. It is another piece of gutter journalism pure and simple. You can't deduce anything more than that. To sell your shares for less that you may be able to buy them for next week if the warranty money becomes likely to be SGHs on the basis of scuttlebut seems nonsensical to me, particularly as you have pointed out that it is likely to achieve $120-140m EBITDAW numbers on other things we know which makes the current share price and any selling down of debt ludicrous.
 
watchlist Created with Sketch. Add SGH (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.