I wholeheartedly agree that time is the killer, that and a thousand cuts.
A quick resolution would be good, but one that reflects the truth is much more satisfying to me.
Don't forget time allows professional investors to rinse the range bound SGH until sh's have to leave just to preserve their sanity (and meagre cash).
I'm that WTG holder btw, I have held both QPP/WTG and SGH and still hold a few (literally) SGH.
it doesn't mean I'm impartial but it does mean i have an appreciation the perspectives of both sides.
SGH will certainly lose their case against WTG if measured by the the wide-eyed claims of SWC that this will mean ~£600 to them.
So best case a small cash injection and then back to the mercy of the lenders and a D4E that will hurt the invested.imho there will be more to come.
The D4E will only be the start of the games from the hedge funds, they will profit from churning the shares keeping the sp range bound for ages.
Plenty of innocent punters will join on both sides and keep this a traders dream as professionals syphon off gains on both sides.
Even a small win will be insignificant if MB decide the rachet up their action against SGH when they see cash they can exploit.
atb
JS
- Forums
- ASX - By Stock
- I am back. So is SGH
I wholeheartedly agree that time is the killer, that and a...
-
-
- There are more pages in this discussion • 264 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add SGH (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
1CG
ONE CLICK GROUP LIMITED
Mark Waller, MD
Mark Waller
MD
Previous Video
Next Video
SPONSORED BY The Market Online