Agree something is going on here Ausbert.
All this down ramping does mean something. Someone out there wants our shares for next to nothing.
There is no other explanation for all the energy used to talk the SGH share price down.
My take is that this company will be valued at fair value once/if any D4E is to occur. Everyone knows that book value does not equal book value.
Book value is what the accountants use not what modern investors use to properly value a company's sustainability and future earnings capacity. To be exact book value is one item of many used to arrive at a fair price.
History cannot predict the future and book value is history
Without debt and after restructuring and pip have been implemented I believe a return to the $8+ share price is possible. However as some dilution may occur it could take a while to get there.
Anyway may investment is long term. I am not going anywhere. I will bet than in three years the share price is a lot closer to $8 than it is today