SGH
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0.00% 54.5¢ slater & gordon limited

SGH debt trades at 38 cents in the dollar, page-186

  1. jimk3758
    23,128 Posts.
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    08/11/16
    10:44
    Post #: 20443673
    To me a CR at this SP is not good but in this case they could have said, we can reduce debt by 62% and I think shareholders would have liked it. I wonder why SGH didn't either buy the debt down from $1 to 38 cents or give shareholders a chance.
    Last edited by jimk3758: 08/11/16
    SGH Price at posting: 34.5¢ Sentiment: None Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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