SGH debt trades at 38 cents in the dollar, page-103

if the article is true and we dont know that it is yet, this was a sale before the AGM, the financial market is full of Rumors and Chinese whisper and it maybe a cover sale in case the AGM bombed. maybe part of there holdings as a hedge.

I would not be surprised if the sale included a clause that should the share price rise after the sale an amount percentage wise would be reclaimed by citi bank.

these deals are never straight forward.

its a no biggy for me, red day tomorrow. if we get down to low 30s just have to have some more.