12 months ago I might have somewhat agreed with you that they (NAB, Westpac and SGH) had a common interest. But since the loan position has become untenable and Anchorage are involved, make no mistake, there is no common interest. The only thing that matters now is Anchorage making as much money as possible and they will use everything at their disposal to do this. They have no concern for SGH management or shareholders.
Anchorage have no interest in backstabbing, they will smile directly at Grech as they twist the knife and get him to do what needs to be done. Shareholders who take on the risk are only along for the ride as long as Anchorage allows them to be.
- Forums
- ASX - By Stock
- SGH
- Someone explain upcoming debt for equity swap please?
Someone explain upcoming debt for equity swap please?, page-26
-
- There are more pages in this discussion • 36 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add SGH (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
I88
INFINI RESOURCES LIMITED
Charles Armstrong, CEO & Managing Director
Charles Armstrong
CEO & Managing Director
SPONSORED BY The Market Online