SGH 0.00% 54.5¢ sgh limited

Only in the past month, AJX and BRN made significant...

  1. 104 Posts.
    Only in the past month, AJX and BRN made significant announcements only to have their SP drop by ~30% in the following week as those who bought in the rally up to the announcement quickly sold after it.

    I agree with you here; SGH is not a spec. I can't see the same thing happening. It is extremely undervalued as it is already. I am hopeful the ASIC issue will be finalised at the AGM, and after Friday the SP will blow up. All signs point to a positive announcement at the AGM. I couldn't possibly imagine the directors walking into a room full of angry investors (some of whom bought in at $8), delivering bad news, then having the audacity to ask for an annual pay rise of $300k. From what's happened already so far this week, those waiting for the confirmation on Friday will miss out on some of the action.


 
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