Why I brought SGH, page-16

  1. 9,210 Posts.
    lightbulb Created with Sketch. 4517
    Not even close.

    You are saying for a 5 to 10 year bet. Let's say that the price (theoretically is going to be $5.00). You park your money in SGH now at 25c with let's say a 20% chance of $5.00 (2000% return) and an 80% chance of $0 (100% loss). Expected Return is 400%

    Now let's say Tumble doesn't buy now but buys after the banks confirm support for SGH. He pay's 50c with an 80% chance of $5.00 (1000%) and 20% chance of $0.00 (100% loss). Expected Return is 800%.

    Even ignoring statistics if you are willing to take risks you could invest in an oil and gas or a gold junior and make 50 to 100% on far less risk now and then invest in SGH after banks give support (even if that is at 50c) and make the same return. For considerably less risk
 
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(20min delay)
Last
$50.50
Change
0.140(0.28%)
Mkt cap ! $20.52B
Open High Low Value Volume
$50.55 $50.84 $50.21 $3.840M 76.02K

Buyers (Bids)

No. Vol. Price($)
7 102 $50.49
 

Sellers (Offers)

Price($) Vol. No.
$50.51 111 6
View Market Depth
Last trade - 14.29pm 15/07/2025 (20 minute delay) ?
SGH (ASX) Chart
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