SGH 0.00% 54.5¢ slater & gordon limited

Iam afraid this is very bad news, page-103

  1. 1,904 Posts.
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    An imponderable for outsiders - and sticky-beaks like me - is what is going on inside the SGH professional staff?
    I would assume that many of them took a large position in shares in the good old days, and held on when less committed shareholders abandoned ship.

    I also assume many of them are now faced with a stark choice: join in a class action, or hang back from that, and stick with SGH 'solidarity'.

    Now keeping in mind we're speaking about lawyers here: if the staff turn against management, the company ceases to be viable.

    Being inside Slater & Gordon would be a strange and disturbing experience in recent months. As an observer, it's disturbing enough!

    Disclaimer: not holding at present, have done a bit of day-trade gambling in recent weeks.
    No connection with any SGH persons.

    Regards,
    P
 
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Currently unlisted public company.

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