Hi All Slaterians,
Yes Christopher is still holding (just). I do have a sell on the shares in my personal account , should it recover a bit from here, and will take advantage of a nice little Capital Gains Loss, to offset other profits, but I am keeping my larger holding in my super just in case banks do decide to kick the can down the road a bit or take a haircut debt for equity deal that will save the company from drowning in its own debt.
But seriously this is a punt at best and i wouldn't be doing it if my other parts of my portfolio weren't performing amazingly well ( gotta love MQG). So please heed the caution in most posters deminure. I wish i had done this sooner. But i do think there is a chance banks will support SGH, mainly because most of the tough work has been done and with a reduction in spend on restructuring, cashflow should come back into th
e positive in the short term. My only fear is cutting out the cancer may have caused some haemorrhagging that in long term could be fatal.
Good luck all Slaterians.
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