Question for Legal background, page-2

Redde PLC was down 20% in early London trading but closed only 3% down. The market over there is not overreacting to legislation that is far from set in stone.

The share price of SGH is looking like the worst case legislation is going to be implemented first thing Monday. Absolutely rediculous! The company has a lot of time between now and 2017 to adapt and even find ways to be a more profitable business because of loopholes, less competition etc.

When there was talk of pokie reforms in the days of Gillard did all machine developers and pokie operators SP collapse in a heap suddenly?

This is either sheer manipulation of SP by the big boys that should be thoroughly investigated by ASX or the company is holding back further material negative news. Either way if there is another plunge on Monday an immediate trading halt is necessary so we can await full ASIC review and full detailed response from management clarifying the UK legislation impact in detail and ending the wave of rediculous negative media and broker spin that is founded on nothing but a piece of legislation in the early process of discussion.