It's a valid point but look at examples like Gunns where the big banks sold debt and orchestrated insolvency for their principal benefit, wiping out small growers.
Here it's different because the Admin that Stephen B is predicting is only momentary - to allow business to continue / new owners / CA effectively wiped out. It could be argued for the good of the clients.
SGH Price at posting:
23.5¢ Sentiment: Sell Disclosure: Not Held