It's illogical thinking only because it doesn't fit your illogical thinking. If SGH was a JB Hi-Fi or Harvey Norman consumer goods type operation banks would have put SGH in admin in a heartbeat. Because there was really nothing to sell off they decided to let SGH trade on. That is logical thinking like I have said many times before. I think the banks are feeling more confident they will be paid back with interest but if they pulled the pin it would have been a big loss.
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