Loading up the truck, page-3041

You heard it on HC first last year.

According to the company, FY15 revenue (pre-Quindell purchase) was $172.6m Slater and Gordon organic business and $276.5m was recently acquired businesses. What people forget is how little is the original S+G business been around 80 years and how much is new rapidly acquired businesses. (There's a nice chart in the "Photo Album" thread in February http://hotcopper.com.au/threads/slater-and-gordon-photo-album.2712739/page-41?post_id=17139010.)
Which structure now subject to the gravitional pulls of the
- debt load
- damaged management credibility