Had a look at the announcement last May - However since then you guys have had to cop that it was almost fake news in a way- one year on and those lenders have left the building-
Your correct that there is no demand now- and fwiw anyone trying to exit a large position now has no chance- the depth does not exist- just a thought - that announcement created enough liquidity for a lot to exit at that time- Positive news is sometimes what I treat with suspicion- IE in a lot of companies - it is often the case that a much anticipated good announcement can be met with heavy selling- those in the know use any of these events to exit large holdings-
I also think that you amongst the bulls has the ability to see things a little more objectively-
The way I see the 'argument' now is how will the hedge fund really treat the current SH-
I see a lot of hope that it won't be as bad as all the bears are saying-
I am not really interested in that argument- it is a bit futile- sometimes too many get sucked up in the right fighting on these issues - again- imo look at the general reality and forget about who is trying to prove a point- or alternatively - think about it like this-
If you were to trust anyone of these posters - bull or bear - who would you pick- in the scenario that you were not already holding-![]()
I am challenging you to chose between comfort and intellect---
Now- just thinking out loud what would I do if I was stuck- here in this scenario with no extra capital to tip in- ideas? I will let you come up with the two possible safety moves in this particular situation-
I think the bulls are understandably defensive - but togetherness and hope does not rescue capital -
hint - IF and it is an if - you were to at least sell half your position- and wait for the recap- what do you lose? have a think about that
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Last
$49.22 |
Change
-0.060(0.12%) |
Mkt cap ! $20.03B |
Open | High | Low | Value | Volume |
$49.50 | $49.58 | $49.00 | $14.06M | 285.1K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 455 | $49.19 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$49.42 | 1422 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 455 | 49.190 |
1 | 1504 | 49.150 |
1 | 522 | 49.120 |
1 | 530 | 49.090 |
1 | 401 | 49.070 |
Price($) | Vol. | No. |
---|---|---|
49.420 | 1422 | 1 |
49.500 | 455 | 2 |
49.580 | 500 | 1 |
49.600 | 200 | 1 |
50.000 | 572 | 3 |
Last trade - 16.13pm 18/09/2025 (20 minute delay) ? |
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SGH (ASX) Chart |