I have a warmish feeling about the company's fortunes rising.
It's also possible that if no good news comes soonish that sentiment will cool and the SP will slump again.
It does seem far fetched at the moment that the sp would go past $20 - that's really only the same as 20c before consolidation, but now would value the company quite highly, over $1B ...
But if there's inside knowledge that the sgh financials are on the mend it's hard to imagine that some inkling wouldn't ooze out into the share market and drive a sustained rise.
At what stage can ramping up kick in again? Who will lead the charge? Mel Doc Weagle and Technicals certainly convinced a lot of us that we were onto a good thing in late 2015 / early 2016. Some of us didn't wise up all the way down. Maybe they'll help out now with a bit of judicious up-talk?
SGH Price at posting:
$3.95 Sentiment: Sell Disclosure: Held