DSH had about $150m of debt going into VA. That is significantly...

DSH had about $150m of debt going into VA. That is significantly lower than SGH.

DSH Australia's oldest electronics retailer Dick Smith has conceded its desperate pre-Christmas sale has failed to save it from the clutches of nervous bankers, who have forced it in to receivership owing roughly $150 million.

Read more: http://www.smh.com.au/business/reta...nistration-20160104-glzc0t.html#ixzz45yX0WSHj


Slater & Gordon at the close of 2015 net debt position approx $741 million

http://www.lawyersweekly.com.au/news/18081-slater-and-gordon-banks-threaten-to-call-in-debts

I have no interest either way. Glad I never got caught up in the DSH cheer squad calling it a multi bagger. Am a potential investor in SGH if they have the financials to back up a recovery.

But you are right they are not the same. S&G eclipses the debt of DSH by a huge margin. Massive even.