Share
34,339 Posts.
lightbulb Created with Sketch. 9120
clock Created with Sketch.
12/07/17
17:17
Share
Originally posted by xindongzuitaohua
↑
anyone care to check SGH?
a company that has been talked to death and survived finally with a Recapitaliztion finally done which favour note holders and small retailers only got back the value of 5% of that company....
look at it today, big jump from 8c to 10c...
QIN imo has lots of tangible assets and brighter future so as long as debt and equity recap finally reached, which i strongly believe, Qin will back on track then...
might not back $1 per share, 60-80c with $40m short cover squeeze could give it a go very likely.....
whoever talked down here won't affect the talk even by 1 cent because Big boys in the talk won't care to read HC so choose to let it be shorter or whoever,,,...
Expand
SGH debt for equity recap, existing shareholders will face 95% dilution, it's surprsing their share price goes up.
The stock market is full of surprises.