Moving off shore and entering the UK which I believe is 4 times than market here in Australia seems the way to go exactly what the international registry company CPU did some years back , Australian registry company that had to move offshore to allow growth to happen , bought share registries in a number different countries restructured every one of them very successfully under the one umbrella CPU . Could see SGH doing something similar very successfully if it wasn't for the crazy money paid for Quindell which is still a mystery why they did knowing or should have known Quindell's critical financial situation and end up with a huge debt which triggered a massive share selloff ( institutions and retail ) resulting in devaluing the company and putting the company at the mercy of the two main banks (term loan arrangements) , these banks can go either way its really up them as regards ongoing support or not , hopeful S&G will get through all this somehow plus us shareholders of course and show decent financial results in a couple of weeks from now . The Sydney Morning Herald June 25 , 2016 Titled the Undoing of Slater and Gordon by Melissa Fyfe is worth reading it question a lot of management decisions and why a lot of things seemed to be overlooked by the so called team of due diligence experts plus of course resignation of the CFO and so on . MB will be looking at everything mentioned in this article and the many reasons why so many , fund managers too are blaming management for what happened and have they got a strong case CA .
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