Cap Raise and Debt restructure, page-26

Just more misery for SGR retail shs, and the SGR Board continues unabated with its destruction of the business. More than $1.5 Bn of cr's within months of each other, and the recalcitrant Board lingers on, earning Directors' fees. Is this the sectors' reply to QAN? The entire Board and the CEO (all so called) should be removed immediately. That is the clear air needed. As many astute members have posted, the recently agreed concessional tax provided by the NSW Govt was not the entire solution, just a temporary measure at best, SGR is in dire need of a completely new managment regime.