SGH
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0.00% 54.5¢ slater & gordon limited

Precarious situation

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    06/06/16
    10:37
    Post #: 17959356
    SGH today's announcement is testimony to a very precarious situation. After months of negotiations SGH is still not able to convince all its lenders. Also read between the lines about SGH books and future growth and earnings. Think why all lenders were not able to make-up their mind and oscillating between cash and equity.

    Another point, In my view Australian economy is slowing. Income are rising much slower than expenses. Situation will be far worse if the oil price continues to rise.

    So, DYOR
    SGH Price at posting: 47.0¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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