I'm pretty sure, when the final analysis is done, it's be established the rot had set in long before this schmozzle happened and that the UK thing was an act of desperation to grab a life-raft.
Problem was, the life raft it grabbed had it's own holes and saw SGH as it's own salvation.
I'm with Jim - the actions of SGH to cover up it's mess was to mislead investors and financiers and likely, pussy-foot-auditors - who, hopefully will pay their own price for their apparent bungling.
'Buy-back in' - good luck with that.
SGH Price at posting:
$2.08 Sentiment: None Disclosure: Not Held