SGH 0.00% 54.5¢ slater & gordon limited

Agreed but why would lenders forcibly close a company that has...

  1. 153 Posts.
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    Agreed but why would lenders forcibly close a company that has proven ability to generate profits? I can be stuck in 15k debt on my credit card and be jobless but they're not going to force me into bankruptcy if I can continue to pay interest for 10 years before I struggle back into the black.

    NB: obviously a much different scenario it's just an analogy. I think the lenders want bang for their buck and they're not going to get it if SGH go into administration. I am praying lol.
 
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Currently unlisted public company.

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