As I have previously said I am here for the long haul. My initial invest was purely on S&G Aus and that has not changed. Auditor, ASIC and Banks have a duty of care to report to ASX any issues, anomalies, etc. We have heard nothing which, to be honest, is a good thing. UK acquisitions is not my ball park and I rely on others on this forum for info.
The worse scenario that I can see is that UK business will be offloaded and S&G Aus will trade alone on the ASX at $4.00+ come 2017 (that's why I am a long term holder). However, I think this is unlikely as they will solve all issues by Dec 2016.
At this point in time no news is good news.
SGH Price at posting:
61.0¢ Sentiment: Buy Disclosure: Held
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