Who the hell is buying ??, page-161

Well we know nab bank and westpac won't want to do a equity swamp cause they don't want to own part of the company. They rather getting monthly payments in the form of interest. So it only three options.

1. They sell the debt to a second tier group like anchorage group.
2. Do some debt forgiveness. Meaning extending the loan or taking a hair cut.
3. Pull the plug on sgh and making money on what they can sell. I think they have already written of the loans as bad.

So my view is only option one and three are likely now cause the first half result for 2017 aren't going to be that great.