SGH 0.00% 54.5¢ slater & gordon limited

what eveyone is missing here..........

  1. 26,546 Posts.
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    I don't mean everyone (as holders seem more informed than most on this thread).

    Scenario 1; banks over the next couple of weeks agree to a new debt deal with SGH (as of yesterday I have heard very strong rumours that everything in its final stages to announce in the short term)

    Scenario 2; the banks and SGH can not agree on a new deal, then the banks call in the debt, which is not due till March/April 2017 ( a year away). In which case, SGH have a full 12 mths to source other options to have debt paid out and get on board with another financier, etc...

    with either scenario above, SGH won't be into going into VA or be in a long trading suspension - so those hoping for it, wishing for it, predicting it, etc... you are FOS !!!

    Strong rumour as per Scenario 1 - obviously the banks want a deal sorted, as should SGH then enter into VA in March/April 2017 (not this year), what the hell are they are going to be able recoup, WIP's ???
 
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