Banks aren't stupid, large institutions aren't stupid, at least not all of the time! Biggest issue is debt. Banks won't want SGH to fail as they'll want to collect their interest payments. Large institutions will see the future prospects and will want to jump back on board but equally will and do have the power to lower and suppress the SP to allow purchasing to occur at the cheapest price they possibly can.
Wouldn't the institutions just pay 50c/40c/60c per share? Why would they when they can suppress and lower the SP and by in the early 20's, much, much lower costs to purchase and much more bang for their buck!
Look how litigious society has become both here and abroad, this is a business at the forefront of litigation. I am glad I am onboard the train and I suspect over time I will be walking from the rear carriage all the way through to first class. You know what, it could take a few years but like SWC I have time on my side.
SGH Price at posting:
26.0¢ Sentiment: Hold Disclosure: Held
