I believe there will be more uncovered then just a poor business decision by management. I think it will be proven that management has failed woefully in their legal obligation to keep shareholders continually informed of material information. IMO that continues to this very day. I'm very interested if the current ASIC FRAUD investigation finds that AG and/or any other Directors or Officers of the company is involved in cooking the books to defraud shareholders.
As far as stocks go I will most likely invest later on but for now happy with property where I have ALWAYS made good capital gains while sleeping very well at night. I think AG would very much agree about property. His wife made several million dollars on the sale of their last home in a few years while losing $50M or so on SGH.
SGH Price at posting:
25.5¢ Sentiment: None Disclosure: Not Held
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