Seriously, I commend the guy for trying but people keep gripping to this Redde scenario completely disregarding the huge differences.
Do some research on the Redde D4E particularly how the market cap was still around the level of debt at the time (debt greater than 20x here meaning 75% dilution is beyond a pipe dream)... the business had already returned to being cashflow positive at the time of D4E also (not in terminal decline like here)... and the only reason the share price got back up above $1 was a share consolidation.
Buy, hold, sell, do whatever you want with your SGH shares but please 'invest' on an informed, factually correct basis.
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