Says it all really. The ex-boss is an arrogant .......(insert whatever derogatory term you like here).
Everyone else was wrong on valuations, fraud, etc, etc. S & G got a bargain. And he personally made a loss on these dealings (in the order of a £30 million profit).
It's okay though, because he does feel sorry for shareholders who have lost money?!?
One thing is for certain, and that is many will be watching and reading the next announcement carefully. My hat goes off to those already taking positions. It could be a fantastic trade/investment from here.
Milesy
SGH Price at posting:
29.5¢ Sentiment: None Disclosure: Not Held