NIHL settlements deliver $150 m net cash in the next 18 months ( seems really quite possible) ( one off $40M profit??)
If WIP shrinkage delivers $100m net cash in 12 months (really quite possible)
If Escrow delivers $90m in 18 months ( well you never know)
Then it would be pretty clear that SGH had manageable debt . Presumably mist cleared.
If that is followed by a dual listing in London in 2 years.
QED? Not certain - but ...debt reduction need would be small.
Mel
SGH Price at posting:
24.5¢ Sentiment: Hold Disclosure: Held
