Same sorry to holders who lost money. Even though I pointed out...

Same sorry to holders who lost money. Even though I pointed out that SGS is all that they own and has no history of profitability (while @DrWho lied about it) it sucks to be proven right. This announcement has flagged another impairment in that business.
That slices another chunk out of shareholders equity in a woefully undercapitalised business. Will be interesting to see what the directors think the business is worth this time.
People who lost money weren't alone, it's not a lack of intelligence for me it's the method that most market analysts apply which is flawed.
That's why I go on about it, I think the discussion should turn to how to avoid situations like this. The class actions will carry on better just go criusing or whatever and not think about it.
GLTA.