The biggest thing that kills a stock price is uncertainty, as it's natural for most humans to always presume the worst outcome. If liken it to someone that's not feeling well/has symptoms, they start to Google and it tells them they could have anything from a flu through to something life threatening, and from there there they assume the worst, until they actually get a diagnoses and realise realise sh-t only only a flu, treat it, and things aren't that bad and actually get on with business/ life again. I'm seeing the same with SGH, they will finally get their official diagnoses from ASIC, to treated appropriately and get on with business. Even if the accounting treatment changes, it generally aligns it self after first full FY, as you get get payments accrued in one FY, carry through to the next and balances out. Don't forget for every selling share yesterday there was a buyer! I'm not saying, I'm right, wrong or indifferent, just my view, so im sure you will DYOR.
SGH Price at posting:
69.0¢ Sentiment: None Disclosure: Held
