Credibility can make you or destroy you.
SGH has zero credibility left in the world of diligent investors. This is the primary impetus behind the implosion of SGH's share price and is why no one serious is willing to back its survival.
A life line by the banks will still see SGH with a huge task of regaining credibility, not to mention the many other hurdles it will need to clear.
SGH blew its own credibility up - it has nothing to do with shorters, downrampers or the media.
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