A New Dawn, page-433

Actually $1.10 was the highest per share value KPMG estimated. The upcoming results may show bottom line improvement but that doesn't mean shares aren't overvalued. SGH is now a smaller firm with many offices shut down and many ex-SGH lawyers starting new firms and in competition. To say AC wants everyone out but the 5% outsiders is funny. Management was asked at AGM about ordinary shareholders interests and flatly told they are looking after the interests of AC. It doesn't get any clearer then that you don't count.

You may see green holding someday but you would have done far better with virtually any other stock in the ASX. I know the feeling it can't get worse and you might as well hold but there are good companies that will rebuild your losses faster and some even care about shareholders.