Law Partners Get Shares Free, page-33

Sgh is currently in pole position with the largest market share. While their previous shareholders have been decimated and primary lenders sold off debt at cents on the dollar, from shine's point of view (as competitor) it's the health of the sgh the company that matters. It will be very interesting to read the sgh reports once the dust has settled to see how much actual business damage their fiasco has done.
However They are unlikely to be expanding their market share any time soon. Unfortunately Shine is also not in a great position here either and should wait for a share price recovery before going on the acquisition warpath. It is likely that this will happen before slater gets its act together, or at least I hope it does. MB isnt listed and therefore does not have the same funding advantage so is very likely to be overtaken by the two listed entities eventually.