Totally agree, and i have been trying to work out what their safest options would be to extinguish the fire so to speak. Im not sure if they can rely on a material increase in cashflow over the short term from the UK arm, I dont think a CR would be on the cards, so it dosent leave much, cutting costs i do believe will be the main action, and this could be risky as one dosent want an exodus of staff. I believe they are best to reduce expenditure as much as possible, let the cashflow in the pipeline crystalize and hope for the best with the bank. Thats my 2c's worth.
SGH Price at posting:
37.0¢ Sentiment: Sell Disclosure: Not Held
