Im starting to feel sorry for those Anchorage guys..and especially their hapless investors.
They've really got the tiger by the tail now . Any ideas of a quick flick of their debt must have now gone out the window.
They're stuck with a growing debt write-off , bigger debt for equity swap and pulling in a stockbroker or three to ease them out of their SGH shareholdings.
It's a career ending dilemma for those Anchorage guys.
SGH Price at posting:
12.8¢ Sentiment: Hold Disclosure: Held
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