To be fair, I can understand how LT holders may have lost faith in AG's ability. But I can quite easily separate his M&A / growth expertise from his lawyer / litigator expertise. If I had to choose I would be putting my money on the latter.
I will concede the timing is probably aligned to the looming MB CA announcement, we all knew that was coming. And as per walkingeagle's post, it will get ugly. But those who remain invested should realise this is a speculative buy with big risks and potential big rewards. I hope a certain amount of healing comes through the CA process. Let AG stand up and defend his role. Let LT SH's hear that and decide if they can trust him again or we boot him once the ship is steadied.
SGH Price at posting:
40.0¢ Sentiment: Hold Disclosure: Held