There's rumour and distorted facts one perspective. There's delusion die-hard confirmation bias affected people determined to incinerate their nest egg the other.
The VGI view is hard to rebut because only their summary published.
But here's a challenge: research and explain Quindell. Quindell may seem barely relevant, a mere $1.3b splurge, but expectations of soon positive cash flow out of this is what is still now holding sp up. Of course Quindell since purchase is already performing behind expectations. Why the extreme UK shorts this entity including as now owned by SGH? Check the financial blogs. Research the Quindell founder. Have these shorters got it wrong? If they have it right, SGH sp is last retail punter hurrah now.
As always, appreciate facts, research and diverse opinion and discussion.
SGH Price at posting:
69.0¢ Sentiment: Sell Disclosure: Not Held
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