Thanks , but SGH BOD have regularly stated they will not comment on newspaper articles and speculation and therefore I don't agree with your first sentence.
Thanks for your example of D4E.. Centro is an interesting example and may have some parallels . Yancoal ,if I remember correctly , did not involve any Aussie banks so not sure what that has to do with this discussion. ARX is also relevant but did occur 9 years ago. Mirabela had been in default and placed in administration and was under an order by the Supreme Court , so not really relevant either. This D4E scenario does not occur very often in the Australian business landscape , so any mere mention of it by journalists and inference to it in a report by MgN , everyone goes into hyper mode , and wildly speculate on the outcome. Time will tell. Do you agree with my assertion that if BOD has discussed D4E , CR or VA with it's lending syndicate , then a suspension has to happen ?
SGH Price at posting:
22.5¢ Sentiment: Hold Disclosure: Held
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