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Gekkowolf

2,394 Posts.

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30/03/17

07:03

Post #: 23725410
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Originally posted by brad0990 ↑

There are several aspects to this puzzle.
As always Sgh has been very complex.
- shorters slowly exiting (bottom finally set)
- sophisticated investors (punt)
- shareholders (still averaging down)
- traders (with tight stops)
- staff purchase ( inside knowledge)
- overseas investors (uk company knowledge)
- instos dipping there toes ( tempted with asic conclusion)
- Sgh share price is still price for failure or 99.9% share dilution. There are some small indicators emerging with positive news. The bad news cycle has finally finished. The share price will follow the story, and this story is about to improve dramatically from the last couple reports.
And then there's the one eye bear who thinks d4e on its own or CR all by itself will ruin current shareholders (rubbish)
Several financial instruments will be used some deferred. Sweeteners all round for the new and future well rewarded syndicate that picked up a steal.
So to your question gekko, the positive news will be the very complex deal Sgh negotiates will include shareholders do survive with dilution kept to a respectable level anything else would ruin the reputation on the brand. As you have pointed out today insurance companies that have held back payments are about to be kicked up the rear end, esrow,
I think investors are not taking into account since Sgh borrowed money interest rates have dropped dramatically around the would with a flood of Cheap money ( Sgh like a gold mine compared to subprime) and overseas banks have less regulation it will allow them to be more flexible with the terms.
Imo good news continues = share price follows!

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Great post Brad. Good detail and logic as well. Downrampers and shorters can choke on it!

SGH Price at posting: 13.0¢ Sentiment: Hold Disclosure: Held
6 Upvote

0 Great analysis

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