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54.5¢ slater & gordon limited

I agree, it's much smarter to sit on the sidelines for now....

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jimk3758

23,799 Posts.

83

02/07/17

16:45

Post #: 25615806
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Originally posted by Cosmoterios ↑

You may be right and that SGH may rise again.

But not at the moment - it still need to vote on the recapitalization.

You may have chosen to sit tight; following it all the way down, go through its near-death experience and then follow its rise (rebirth) to back to its highs so you could recover your original investment.

I, on the other hand prefer to sit tight and watch until all the drama and debt issues are resolved before jumping in. I am sure many non-holders here are doing the same.

Much easier (and less stressful) way to make money.

In any case, good luck with vote. Hope you guys vote to recapitalize, so others like myself can jump in to make money.

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I agree, it's much smarter to sit on the sidelines for now. Everyone is talking about the recap but will it make it past first base ie. MB settlement? The real issue is if there's enough money for MB to settle because if not all bets are off.

SGH Price at posting: 8.1¢ Sentiment: Sell Disclosure: Not Held
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0 Great analysis

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