Your right - there are a lot of good contributions ref SGH ( and obviously across the whole ASX spectrum I guess )
Frankly I cant understand the the personal tit for tats that happen - how ever ...it what it is .
SGH is a really interesting situation I believe . So many unknown elements , yet interesting that
someone wants to trump up with a couple of hundred mill . ( yet we havn't really seen their "kill or live" plan as yet .
Obviously the SGH guys have cut a deal with these guys - Talked gloom with their banks , sold blue sky to the new investors . What ever ...but basically the've neutralized about $500 mill of liability on the BS for the moment .
Such a hated stock !! But at these level
I think its worth spending time on it . It it were to go from 9.5 cents to 15 cents ...in m y book thats a stock i would love .
I've taken a punt - based on the "today price" - the "yesterday price" was reflection of market sentiment .
So the story now is really where too from here .
Unfortunately we are all flying pretty blind , because the public company game is full of smoke and mirrors , broker opinion , noise and director self interest etc etc .
I liked the "Lawyer Newsletter " - ultra conservative warning to their members to get paid up front - before dealing with SGH
a typical and predictable response , and all part of the negative news scene .
Thanks to everyone who took the time to add to this thread
All comments are really useful .
What will happen ???
Who knows
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