Shares in battered lawyer Slater & Gordon Limited (ASX: SGH) have soared again today – on top of a 35% rise yesterday – to make back some of the ground they lost last week.
While they still remain down some 63% in the past five days (as at the time of writing), the share price has soared as investors were reassured by management's recent announcement that the company remained able to meet its obligations to financiers.
Management also believes that the outlook for personal injury claims remains robust despite proposed legislative changes in the UK, and this could see the share price continue to rise throughout the week.
