I don't how Gareth can come up with a valuation of 1c. If you...

I don't how Gareth can come up with a valuation of 1c. If you wait until it gets down to 1c and then buy (I can't use the word invest) you will still lose the lot when SHG stops trading. You will just own more of SHG at the time than if you had put in the same amount of money at $8.

I don't think the SP will get to 1c because the delusional here will keep buying right up to the last minute before the company goes into administration.