Will be an interesting day today. I think 22.5 million shorters have waited too long to close their positions. There is no reason for SGH share price to go down any more. As many have repeatedly posted, this company makes close to $1 billion, has a big market share both in Australia and in the UK. They have made a big error and suffered a lot due to uncontrollable debt. Yes, share price has gone down from $8 to 8 cents. Now the debt is going to be dramatically reduced so that the share price recovery process should start from today.
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