On a day like this it is easy to get emotional and sell up.
It is however prudent to carefully analyse the situation. If I were you I would not pay much attention to people posting on HC. Most of them are posting for their own gain.
So when they say 'sell' think carefully about why they want us to sell?
The shining light in the report was actually SGS compared to 2016 H1 believe it or not (even though that segment included NIHL).
So I guess AG and SGH now have to get it going in 2017 H2 and 2018 H2 to solve the situation.
Luckily SGH and the banks need to help each other to get out of this mess.
It is not going to be easy but in my opinion the banks will not close shop that easy as they simply will loose too much on that account.
Don't forget the banks have had access to more frequent accounts than us and they are still in the game
We all do what we need/want to do within our own circumstances and risk profile.
For me selling at $0.125 makes no sense. Something could come up making that price cheap as chips.
What it is I don't know but I am ready to wait for SGH and the banks work it out for me
I need to be patient.
SGH Price at posting:
12.5¢ Sentiment: Buy Disclosure: Held
