SGH 0.00% 54.5¢ slater & gordon limited

Hi Mel I entirely agree on the perfect storm but there are other...

  1. 697 Posts.
    lightbulb Created with Sketch. 48
    Hi Mel
    I entirely agree on the perfect storm but there are other factors to this (I can't discuss).
    You me and all WTG investors will be looking for one thing, news on NIHL.
    From a selfish pov WTG must be so happy the way SGH have constantly said the due dil they did was extensive and comprehsive (70 SGH lawyers).
    SGH simply surviving means the sp has to be higher than it is now.

    The headlines in the UK will not be NIHL.
    I think Aussie investors may see very strong action by the BOD as a positive but it will have many wide eyed and I don't expect old QPP investors to be made to feel as welcome in future as our interests will diverge.
    I currently hold both SGH and WTG.
    If you recall I have been invested here for some time.
    Credit to you as you have consistently sung from the same hymn sheet.
    Whilst I have not been as strident, I have believed the same for a long time and invested in SGH before you in an attempt to follow the money (too early probably).
    I did intend to exit prior to news but was stung by the suspension.
    This could actualy turn out to have been a blessing as I am sure SGH will still be here in March and will be aggressive in their actions to correct issues.
    imho tonight/Monday will be volatile.

    JS
 
watchlist Created with Sketch. Add SGH (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.