Slater & Gordon lenders booked for update, page-88

The Company is working pro-actively and co-operatively with its lenders to explore and manage options for the refinancing and recapitalisation of the Group. The process has commenced well ahead of the May 2018 deadline, with the objective of achieving an appropriate and successful outcome for stakeholders and a smooth process leading to that outcome.

My reading on this statement is that they have commenced talks 1 year & 5 months prior to debt maturity, to gauge what options are available from the lenders

This is known as (PROACTIVE) management

Should the options provided not be suitable, then it allows sufficient time to look elsewhere for refinancing, which consequently, may have already happened

I'm more in the kicking the can down the road camp, than dilution, & I'm of the opinion that our management will feel the same way

Two weeks to go until Half-Yearly
Should be interesting

I'm not sure whether we will be statutory (NPAT) positive or not
But I'm fairly confident that we will be underlying (NPAT) positive

Cheers,
And good luck to all shareholders