On the 2nd of May 2016 we were presented with a "GAME CHANGING" announcement.....the BANKS are supporting SGH, and I believe their business will recover well in time before the first debt instalment is due in 2018. In fact once the SP starts to recover after a few announcements and hits above $2 I believe SGH will have regained the belief of their investors they will be able to do another CR which will go a long way to paying off a large portion of the debt prior to 2018.....to me this is a "NO BRAINER"...I can see the SGH SP zooming past SHJ within 6 months....time to BUY , HOLD and be "Patient". BTW Short term this week. we may see the SP hit $0.40 who cares, once all the weak holders are gone the SP will quickly start to head north!!!!
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Change
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Mkt cap ! $84.26M |
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