Who the hell is buying ??, page-8

  1. 2,144 Posts.
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    There is a suggestion in a news report I read that this could be party of a strategy by SGH to appear to have nothing of any value 'grabbable' by MB in a CA and that, it's hoped, MB will pull the pin on it's CA because there's nothing to be had.

    This might suggest that SGH expects a bad judgement in a CA.

    Also - there's the ASIC thing which, if ASIC reckons it's got a case could mean SGH insurers pull the pin on it's cover - in which case MB, in turn, intends to pull the pin on it's CA because, once again, if there's no insurance payout to be had, it's not worth going after individuals, ( who, it turns out, have sold their house assets).

    So - maybe there's more to this schmozzle than initially meets the eye - and which no-one will ever know the full story about.

    All I know is that SGH SP isn't much lower right now than it's previous bottoms, the last one on Jan 5th. after it's announcement on 28th. December 2016.

    So - wait and see, but I'm the first to agree that, also, could be a mistake.
 
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(20min delay)
Last
$51.71
Change
-0.250(0.48%)
Mkt cap ! $21.04B
Open High Low Value Volume
$51.67 $52.23 $51.37 $14.44M 279.3K

Buyers (Bids)

No. Vol. Price($)
1 1552 $51.65
 

Sellers (Offers)

Price($) Vol. No.
$51.97 1494 1
View Market Depth
Last trade - 16.10pm 29/07/2025 (20 minute delay) ?
SGH (ASX) Chart
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