Stock If only 16-20k NIHL cases settle, many will be surprised...

Stock

If only 16-20k NIHL cases settle, many will be surprised and very disappointed.

The fog and drag around how the industry is to deal with NIHL cases has to be sorted out. Evidence so far points to 45-50% of cases settling. If and when they do a material amount of the overall debt can be paid down. Like I say , quick was never going to be the experience.

If the evidence is misleading and NIHL cases dont settle in sufficient measure, SGH really is going to have to reduce debt by other means - and dilution is the obvious painful method . Even if so - the current share price appears to have priced that in and 9 figure A$ future is unlikely to change.

We have to assume that the other elements of the marketing plan are, as the directors advise, ripening fruit.

The SP is undercooked and patience is called for - buying more maybe too?.

Mel

PS remember only a nut case would consider this as advice.