For consideration: SGH Management, although very peeved off at impacts of hedge fund rumours on SP which has the on flow on some viewing Management with less respect and/or competence...'internally' speaking, IMO, Management would be thinking: Well the damage (by hedge funds) is done...we CANNOT rush ASIC (not our place, and would be viewed as possible flag by authorities, who work under time pressures of case loads and limited budgets, that 'is the rush due to wishing for a cover up?'...thus do NOT poke ASIC); SGH shareholders SHOULD have conducted their own research and due diligence and any 'reasonable' holder would know that such a steep and sudden plunge in SP value is NOT warranted on a fundamental basis...therefore, plus side is impatient shareholders, at their own investment decision making level, will be shaken off the SGH register...thus small positive by-product that the more discerning and less panicky holders remain and medium-long term, less volatility in SP.
Who knows?
SGH Price at posting:
$2.62 Sentiment: Buy Disclosure: Held
