A promising article. Two points from the article.
1. A debt for equity swap would involve something like Slater & Gordon issuing $100 million new equity in the firm to the banks for every $50 million of outstanding debt. THIS MEANS $ 0.50 PER SHARE. CURRENT PRICE$0.27
2. There is also a small possibility that UK chancellor George Osborne’s proposed reforms to personal injury laws in the UK are shot or watered down by the legal lobby who will put up a strong challenge to reforms that are not guaranteed to go through. IF THIS HAPPENS, SGH WILL BE TRADING $3.
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Last
$50.90 |
Change
0.320(0.63%) |
Mkt cap ! $20.72B | |||
| Open | High | Low | Value | Volume |
| $51.29 | $51.40 | $50.61 | $4.090M | 80.31K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 15 | 557 | $50.88 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $50.90 | 47 | 4 |
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| Last trade - 12.42pm 10/07/2025 (20 minute delay) ? |
| SGH (ASX) Chart |