Why on earth would they or anyone else want to take on all that debt? Not to mention all the performance rights, options and legacy employment agreements. I suggest you have another look at the SGH balance sheet.
I've been away from these threads for years, come back and it seems little has changed except the Venture Capital fund has presumably moved on. High Debt supported by increasing WIP and ever-bloating Shares on Issue presumably stemming from masses of Performance Rights to keep the whole circus spinning around.
When anyone might see a decent upwards return on a traded share is anyone's guess. Apart from the vanity factor hard to see how Shine would benefit from taking them on with all of that debt.
SGH Price at posting:
53.5¢ Sentiment: None Disclosure: Not Held
