I am trying to put this disaster behind me. What I am interested in now is how to avoid a repetition of this in the future. How could these people spend $800 million of shareholder funds plus about $400 million of bank loans receive large payouts and continue to draw million dollar salaries when the bad news broke and then do a deal allowing them to walk away scot free leaving the mum and dad shareholders hung out to dry. This certainly should not be allowed to ever happen again and there should be some retribution for those who orchestrated such a wipeout
SGH Price at posting:
$2.25 Sentiment: None Disclosure: Not Held