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54.5¢ slater & gordon limited

Why does SGH need to raise any Capital? Little chance, its last...

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biohope

632 Posts.

19

16/10/15

05:30

Post #: 16188290
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Originally posted by difm ↑

here are some questions, appreciate if anyone can answer them:

-last time I checked (about a month ago), sgh borrow shares were maxed out at 15%, where is the additional borrow shares coming from?

-the +/- in 5% drop/increase in shorts, what is that relate to? Did someone missed their submission to ASIC or it's a real cover?

-it's undeniable that we are getting killed by shorters, and fund managers are u likely to plow into sgh as long as they are under investigation from ASIC. Shorts is continuing to increase even when share price is under $3, do you think there's an element of inside information that we don't know about?

-what are the chances of a capital raising? This is probabaly the best time to cover shorts.

Cheers

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Why does SGH need to raise any Capital? Little chance, its last raising was to buy PsD/SGS.

Any capital raising would destroy share price (further).

My view at moment buy when around $2.50 sell when gets to $3. Until shorters stop playing with SGH not going to get much above $3.

SGH Price at posting: $2.77 Sentiment: Hold Disclosure: Held
5 Upvote

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