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54.5¢ slater & gordon limited

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531 Posts.

6

24/08/16

11:36

Post #: 18638478
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Originally posted by Ausbert ↑

To be honest with you, H2 performance is below what I have expected. However, There are a lot of positives.

1. bleeding has stopped.
2. there is no problem with the Going Concern now. So, the company has survived beating many financial experts' predictions.
3. The first bank payment will not start until mid 2018, so that the company has a plenty of time. In fact, CEO is telling that their efforts has started to bear fruit.
4. Next report H1-2017 will surely be positive.. Big buyers know that and will get ready from now on. If you have paid attention to today's trading you may have seen very big orders coming in every time SP goes to $0.58. This will continue.

5. No adverse reaction to the report. More than 10 million shares were traded above yesterday price.

In my view, it will take some time to reach $1, but it will happen before next report.

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agree with you!!!

SGH Price at posting: 59.0¢ Sentiment: Buy Disclosure: Held
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