SGH 0.00% 54.5¢ slater & gordon limited

The Gamble, page-122

  1. 3,967 Posts.
    lightbulb Created with Sketch. 176
    just a warning, there is a real risk of either of the following happening in the short term, in fact a good probability:

    write down
    capital raising
    bankruptcy
    Div cut

    As pointed out 83% of the EV is debt and as we know, the banks are/ were circling.
    Protect your capital and trade safely!
    Im personally happy and decided to wait until we get the full picture of accounts, even if that means missing a few pips.
    GL2all. Discl: not held and not short.
 
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