SWC you keep talking crap. You have no understanding how this is going to pan out. WE on the other hand understands the situation quite well and has for a long time. It was his post in fact, that made me unload at 42, keeping the loss bearable. I will be forever grateful to WE.
Where do we go? I believe WE's forecast of 3 cents is too aggressive for a change. This company is going to try and split the Australian operation from the rest or let it go into liquidation and start a new entity and then send the "rest" to the dogs. If this is not feasible then the whole lot will go to the dogs. Arnie once said it pointedly: Hasta la vista mother.....s
SGH Price at posting:
6.9¢ Sentiment: Sell Disclosure: Not Held