Australia's largest stock trading and investment forum Australia's #1 stock forum

SGH

Click for more information

0.00%

74.0¢ slater & gordon limited

Your correct but as Anchorage hold all the Aces, Anchorage...

First 25 Last

Share
Profile

Follow
ballybay

429 Posts.

8

27/09/18

05:54

Post #: 35868311
Share

Originally posted by Braintot ↑

Doesn't it make sense for AC to allow the price to slowly drift upwards (you figure out the ways they can do that) to position themselves for wholesale disposal at the right time?

Forcing the purchase of the 5% at low prices in one hit may preclude driving up the sp in the interim.

I don't know if it's done a lot out there but I guess you can legitimately make a company's books say you're doing badly by crystallizing losses or looking good by fancy financial footwork so with the right timing the sp will follow what's being done with the accounts.

Expand

Your correct but as Anchorage hold all the Aces, Anchorage determine the share price and sentiment at any given point in time. They will manage the affairs of SGH as much as humanly possible in order to execute their master plan. The remaining rump will be spectators.

SGH Price at posting: $2.70 Sentiment: Buy Disclosure: Held
1 Upvote

0 Great analysis

Reply

Top Stories

WC8

Pan Asia rebranding to 'clear confusion' after bagging $35M for Chile projects

History-making uranium sample grades and an imminent drill run. Infini Resources is poised to transform in 2025

MIN

MinRes's Ellison knows he screwed up – for that reason, hunt for new Chair to be sped up

ACW

This biotech stock raised $11M in a risk-off environment. Its Alzheimer's drug could change the game

AXP

Tambourah chases gold veins and mineralisation extension with drilling

There are more pages in this discussion • 50 more messages in this thread...

First 25 Last

Add SGH (ASX) to my watchlist

SPONSORED BY