Anchorage only came to the party because they got the secured debt for far less then half what banks were owed. If necessary they can liquidate the company and make money or at least not be badly burned. I'm thinking Anchorage intends to own 100% of the company and possibly take it private. There will be no turnaround for sometime afterwards. Why would Anchorage want to pay more then they have to for the remaining 4% of outstanding shares?
SGH Price at posting:
8.6¢ Sentiment: Sell Disclosure: Not Held
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