Hmmm, I'm not necessarily a fan of SIV, but for a first post (with a SELL and Not Held sentiment) you are making some significant, highly sensitive, unsupported statements. They should be backed up with some FACT. Trade shows must be conducted differently in NZ. Do the wood ducks wandering around wear a head sign which says "No Credit History"? If not, how else would you know? Have the SIV reps said to you "we are throwing $70k at anyone with a pulse, including those with no credit history?"
I thought their reasoning for quitting GoGetta was solid and I thought they explained in some detail where they saw future growth coming from...HOSPITALIYY and Canada and North America in particular.
Surely, the present Royal Commisson will, by default, result in tighter credit risk assessment.
If your contentions are indeed true, then as a smallish shareholder, I am concerned, as must anyone on the SIV board. It reeks of risky behaviour which may pique the interest of the ambulance chasers at a later date.
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