SGH Pre NR, page-113

The brainfart had some logic. They saw the market trading up sharply uninformed, and they had to stop potential insiders loading on shorts again - as has happened so many times with SGH pre-Ann - and responsibly deliver the sober bad truth and nip in bud. Other alternative call a TH but that would have trapped longs. It makes grown men cry to see trading up and shorts loading with news like this pending.

These results are terrible as they could be, except that they're good enough not quite going out of business. Left to simple calcs to see cash still negative. UK is a H2 debacle too. As I said, results divide shareholder base into haves and have nots. Plus of course, for the believers there's AG's "fruit" to wait for.

Well done to the haves. Balls of steel to trade from 20s to double money. Have nots - see the MB class action, it's going to launch soon.