Again though, we don't have the facts to substantiate this. It is an assumption that, based on financier approval for debt restructuring, we believe the business to be sound. This debt restructure certainly derisks the position somewhat but not entirely. A devil's advocate response would be that the banks have a greater chance of recovery of their investment by keeping SGH alive. I have seen valid and reasonable assumptions made on this forum all the way from $6 to $0.30, with the same underlying rhetoric. I am not saying buy, hold, or sell, just to be cautious. Will be watching closely from the sidelines.
SGH Price at posting:
48.5¢ Sentiment: None Disclosure: Not Held
