Crunch time coming up soon for our 95% owners if they want to make a relatively quick buck on SGH.
We are slowly moving towards the point where our 95% owners can start to off load their SGH shares.
I believe the 95% owners (except AC) can offload their SGH shares after presenting the 2020 half year results (so in about a year's time + 2 months).
I also believe that AC can off load their SGH shares after presenting the 2020 full year results (so in about a year's time + 8 months)
I am happy to be corrected if I am wrong on the above. I found this information in some old statements.
The point of the above is that the next couple of years surely will tell us whether the new owners have been able to turn this company to a healthy profitable one.
My money is on the new owners capability to do this and have therefore increased my SGH holding with a hope/view to completely get back all my prior SGH losses.
Time will tell
SGH Price at posting:
$2.04 Sentiment: Hold Disclosure: Held
