SGH 0.00% 54.5¢ slater & gordon limited

John Dohn said: " NAB ceased to be a substantial holder and...

  1. asf
    9,887 Posts.
    John Dohn said:

    " NAB ceased to be a substantial holder and missed out at selling at much higher prices over the last week."
    _____________

    John, NAB is shorting SGH. They have no intention of staying in until the share price rises. They'll be in and out of SGH where they can profit by shorting.

    Meanwhile, this article in the AFR:

    http://www.copyright link/markets/e...in-six-months-to-hit-guidance-20151122-gl55lf

    SGH needs 6 YEARS of cashflow in 6 MONTHS to hit guidance.

    Can it?
 
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