I am amused by the waffle about SGH and PE and price targets etc. The key points IMO are.
1. Must be cash flow positive for the Half (wont make a profit for FY still)
2. Must be able to show that it can become profitable Guidance or EBITAW 200m well gone. What can it become realistically?
CR / Dilution may or may not happen.
PE and price will sort themselves out accordingly.
I hold and am well behind in $$ terms, waiting with baited breath but reality is nobody knows what the final outcome will be. I just hope they are making money and can show the banks that they can survive.
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