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54.5¢ slater & gordon limited

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599 Posts.

28/04/16

11:12

Post #: 17618424
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Originally posted by ciramak ↑

I really struggle to fathom the fact that insto's etc can not see tremendous value in the current sp.

I'm currently sitting on a paper loss of $219k, fortunately for me, I chose to go long on this regardless of sp movements. I say fortunately because I have no reservations whatsoever that the sp will recover.

I'm not going anywhere, and certainly not gifting my shares to anybody.

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Until the insto's get a sign off from the banking syndicate financing this - why would insto's gamble when the all clear hasn't been communicated?

SGH Price at posting: 33.5¢ Sentiment: Sell Disclosure: Not Held
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