From a very simplistic point of view, SGH are a revenue making...

From a very simplistic point of view, SGH are a revenue making machine - the core issue is that CAPEX. Although it will take time to flow through to bottom line, there are no assets for the banks to selloff other than WIP (which they will get nothing for). Banks are caught out on this one and need to help them through or lose a loooot of money..
39c now destroyed, 500k support yay! Thanks Mr. Insto for helping us retailers ;-)