It all depends on the cash flow which we will find out when they release their end of financial year report.
The good news is banks gave them a break which means they should have the means to pay it off, but it could just be a short term break or based on SGH projecting increased revenues, so if these are not hit, they could drop lower.
Read up, but I think this is a very risky stock right now until we get some solid numbers released, however it has strong potential if the income is enough to cover debts and their business is still turning I expect a run.
Until we get some news expect it to move sideways with a very slow down trend (maybe 1-4c per week SP drop)
SGH Price at posting:
38.5¢ Sentiment: Buy Disclosure: Held
