There would be a snowball effect resulting from the local Barristers' decision this morning to get paid up front before dealing with SGH. Seeing the SP being decimated on a daily basis, all trade creditors will now jump on the bandwagon. If I was supplying them with paperclips I'd can their account and put them on COD immediately. Sadly SGH staff both here and UK must be feeling demoralised working in what would be a toxic environment with such uncertainty hanging over their heads. Instead of playing the invisible man, AG needs to step up to the plate into public view for a change, put the Company into a trading halt until they can sort out a deal with the Banking Syndicate or if that can't be done, pull the bloody plug before May 26th and save what little value the name of SGH still has.
SGH Price at posting:
7.1¢ Sentiment: None Disclosure: Held
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