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54.5¢ slater & gordon limited

SGH bear is dead and burried, page-580

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263 Posts.

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04/01/17

16:36

Post #: 21678260
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Originally posted by Dr.Who ↑

Dear Alex

I've no idea what a price might be just surmised 16c. Agree if it is down at that level before a raising of sorts then it would be lower still. I have other factors that influence my thinking on NIHL. I worked in the industry last century and keep in contact with a few that know others etc. Nothing concrete, just an element of circumstantial mutterings. The sort anyone working in an industry could get wind of and my deductive reasoning could be right, wrong or somewhere in-between, nothing internal.

p.s. I haven't sold any SGH since doing a little horse trading in the immediate aftermath of AGM. I'm perfectly hedged though!

Your sincerely
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Please enlighten the rest of us on your hedging strategy. I am very keen to understand how you can be perfectly hedged and yet still profit from the stock going down.

Im pretty sure the word hedged doesn't mean what you think it means.

SGH Price at posting: 22.0¢ Sentiment: Sell Disclosure: Held
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