Value is being destroyed every day. At a rate of knots. We lost 5% on Friday and it was considered a relatively good day. On a bad day we may lose 20% or more.
More than anything else what this company needs is certainty and stability. I feel that even if the restructuring is done in such a way that advantages creditors (as it obviously would be) - e.g. Radically cut business costs to maximise short term cash flows - this would be a positive thing for investor confidence and would probably see a recovery in the share price
SGH Price at posting:
60.0¢ Sentiment: Hold Disclosure: Held
