It dosen't matter who he is, he dosen't run SGH, facts are facts and SGH have serious financial troubles, his numbers posted are correct, straight from SGH itself, the only gray area is what will actually happen, be it DFE, VA, receivers, etc. We know its going to be recapitalised at least, as the company has said that, in what way, shape or form this all happens is yet to be seen. Another thing to note is this has been going on for a few months now, so if the company has deteriorated further since dec31 theres even a chance the recap won't happen and the lenders pull the pin, we all have to wait and see i suppose.
SGH Price at posting:
8.9¢ Sentiment: Sell Disclosure: Not Held