New investor here, brought at $3.35. When is the findings finalised with ASIC? I've checked the Corporate calendars, and interim will be on the 24th Aug. With 12% short, and SGH management continuously to defend the acquisition, weak AUD i won't be surprise if we see a cover in the next 2 weeks.
Whoever participated in the Cap rasing at $6.37 is already staring at a 50% loss. Given that SGH is not affected by resources prices, i think it's a good place to park some funds here.
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