Ann: Suspension from Official Quotation, page-61

Agree. The run the SP was making yesterday would have certainly led to the ASX issuing a 'speeding ticket' query. SGH management is comprised of risk averse lawyers who are getting ahead of a potential compliance issue. Go figure.

Hotcopper, as usual, is rife with conjecture, speculation and irrational panic. But if I am to speculate for a moment, I think that this is more a case of the SP heading in the right direction accurately and the company not wanting to get caught with its pants down when the ASX ask them if the market is trading uninformed.

Anything more than an absolute doomsday scenario is factored into the SP. We already have affirmation from the lending syndicate about covenant being robust enough to weather the current situation. We know Australia is a golden business. We already know that UK writedowns are coming.

The days of $8 are gone, but on balance, I can't see this being cause for panic.

As always, DYOR.