Can't they just extend the loan, they are making money aren't they ? Banks just need to give them more time before they call in the loans. Let SGH have some breathing room for all this to blow over, build the share price and confidence back up, do a cap raising at $1:50-2$ when the price comes up on positive sentiment to reduce the debt. At least that wasy stupid holders will be hit (me included) and the banks will have a better chance to see some money our of this on their bad debts.
SGH Price at posting:
27.5¢ Sentiment: Sell Disclosure: Held