Well I don't think it's unreasonable to speculate that the ceo who shelled out around 11 million in April to purchase shares and whose recent history has been solely tied to Sgh may have used funds from a mortgaged asset to fund those purchases. Of course this is speculation. Be it the company or management any indebtedness just creates pressure. The Mr Grech needs to be on his game. I count it as a positive that his house is sold.
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Grech's home sold for $11.2m, page-18
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