Slater and Gordon interview, page-82

Beave

I have lost quite a bit after folding a second time. Ouch.

At the beginning of my SGH adventure I reckoned Aug 17 would be very good. I do not now see enough in the WIP to make it work . Hindsight is a great thing and Turnarounds are often possible - even post dilution - however the core businesses do have to perform.

If SGS results are this bad - walking eagle may be incorrect about Escrow ( I had thought him right) . However even if Escrow £'s all walks back to SGH - the profits engine seems to be misfiring.

Mel