One needs to have high expectations to acquire another business. Even if they are reconsidering their expectations, it does not mean their business is unsustainable or go bankrupt.
They have a large number of PI claims to be made and I believe they have been hiring lot of admin positions to fast track this.
By the way, they don't need high paid lawyers to do these admin works hence they can reduce their head counts to tackle short term operational costs.
SGH Price at posting:
63.0¢ Sentiment: Hold Disclosure: Held
