Maybe THIS MF ARTICLE can shed some light to the reason behind...

Maybe THIS MF ARTICLE can shed some light to the reason behind the lack of share price rebound.

Specifically, Where a creditor accepts warrants (shares that will vest at a future date) the maximum they can obtain is up to 15% of any uplift in the market value of Slater & Gordon for 30 days from the effective date of the amendment (presumably) at April 30 2016.

I don't know how much of this is true, see as detail of the warrant wasn't raised, but if this is true, then I can see why it's in investors' interest to keep SGH share price as low as possible for the month.