... the bank won't attempt to pull the rug ...
They know that to do so would create a self-fulfilling prophecy , a complete collapse of the business , which would result in them not collecting their $ 700 m. ... .
... even bankers are not that stupid ...
SGH merely has to service the interest on the loan ... ... the $ 700 m. isn't due to be paid back immediately .... imagine if the banks did this to homeowners across Australia , and pulled the rug from under them , there'd be an immediate collapse in the real estate industry ... is that smart banking ?
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Last
$50.77 |
Change
0.100(0.20%) |
Mkt cap ! $20.66B | |||
| Open | High | Low | Value | Volume |
| $50.48 | $50.80 | $50.01 | $16.23M | 321.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 2035 | $50.48 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $50.80 | 1523 | 1 |
View Market Depth
| Last trade - 16.10pm 11/07/2025 (20 minute delay) ? |
| SGH (ASX) Chart |