Sasimon,
What will happen in my view is SGH will declare a profit for FY 2016 not counting impairments of about $100m. The market will realise the underlying PE going forward is about 1. The share price will rally (either rapidly or slow gradual climb) to realistic levels. At that point SGH can refinance again or do a CR at say $3-$4 to eliminate the debt or a big part of it. All companies have debt, BHP has about $30b of it I understand. Is BHP required to pay that back in 2years? Sustainable leverage is the track that the managers need to navigate as appropriate.
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Last
$51.76 |
Change
0.150(0.29%) |
Mkt cap ! $21.06B | |||
| Open | High | Low | Value | Volume |
| $51.16 | $51.78 | $51.03 | $13.29M | 258.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 449 | $51.59 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $51.84 | 449 | 4 |
View Market Depth
| Last trade - 16.10pm 21/07/2025 (20 minute delay) ? |
| SGH (ASX) Chart |