SGH 0.00% 54.5¢ slater & gordon limited

Why bank take 68% haircut, page-2

  1. 19,164 Posts.
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    Because banks are not run by idiots.

    The more serious answer is the banks don't believe SGH's managment. Why there are any shareholders who do is something that is beyond a mere mortal like me.
 
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Currently unlisted public company.

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