An opposing argument on the SGD loan is that this was (I think, haven't checked) used to buy the S,pore centers, which of course are in SGD and whose cash flow are likely paying the interest and loan repayment. In other words, might be zero sum situation on GEM's currency risk. But DYOR because I didn't look at the reason for the S'pore loan.
GEM Price at posting:
$4.11 Sentiment: None Disclosure: Held
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