Shareholders and ex-Directors better pray hard that Anchorage manages to secure a settlement not exceeding the insurance cover.
A double edged sword for current holders who also are registered as part of the Class Action, get as much as you can from the CA and it will come out of your pocket for sure in the near future if Anchorage has to cover SGH for any deficit or get as little as you can from the CA and pray SGH survives the other issues it has and turns a better share price in the future.
What a choice.
SGH Price at posting:
7.4¢ Sentiment: None Disclosure: Not Held