Agreed but why would lenders forcibly close a company that has proven ability to generate profits? I can be stuck in 15k debt on my credit card and be jobless but they're not going to force me into bankruptcy if I can continue to pay interest for 10 years before I struggle back into the black.
NB: obviously a much different scenario it's just an analogy. I think the lenders want bang for their buck and they're not going to get it if SGH go into administration. I am praying lol.
SGH Price at posting:
60.0¢ Sentiment: Hold Disclosure: Held
