PE firms are loaded with money and the shorters have destroyed so many share prices of ASX company namely SGH. STO, CWN, ORG, Banks, etc........A couple of takeovers will burn the complacent shorters very soon. Crown has 25m short.
PE firms want management in service sector like SGH. Sadly I dont want to see it happen with SGH given huge upside it has medium term but could easily happen around $2-2.5/share with management rolling into transaction.
Lets face it what has management done to have a share price at this level. Its shorters who have successfully smashed this SP
SGH Price at posting:
$1.08 Sentiment: Hold Disclosure: Held
