Banks have been given a 2020 plan to consider.
We don't know the result of that one.
I doubt if SGH only have got a plan A?
They keep their plan(s) to the chest. That could indicate a lot of negotiations are going on behind the scenes. I surely would expect that!
We have an improving cashflow almost positive even after the one-off expenses being paid.
We have a positive Barister's opinion on the escrow money to a possible value of $80mil.
Then we don't know if we will be going after the DD entities. If we do and if we indeed are successful then this have the potential to run into $100s of millions.
On that alone would I sell for $0.07?
No thanks.
Maximum risk is 7 cents whereas potential gain is $8+ if share price comes back up to what it was less than two years ago.
I know where the chicken gate is but not taking it
I do feel for those who had to sell due to their circumstances
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