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Slater & Gordon joins the Minus 99% club - the curse of fraudster Rob Terry: the end is nigh

By Tom Winnifrith, The Sheriff of AIM | Wednesday 1 March 2017


Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.


When Aussie Poltroons Slater & Gordon spunked £649 million to buy the worthless fraudulent assets of Quindell (QPP) circa two years ago its shares were A$8. They have crashed another 30% today to just 7 cents putting S&G in the 99% club. The signs are growing that the end is not just 90 days away (when it must conclude a debt for equity deal with its banks) but perhaps rather sooner.


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