Shareholders do not have any confidence in Anchorage, directors or the companies employees, as such value of the company is close to $0.00 at the moment.
This presents opportunity for risk takers as there is possibility that current shareholders are underestimating future earnings. Anchorage would not be investing money after all if they did not see opportunity.
I would say a NO vote will put company in position to become one of the best performers or go in the administration, where I believe that company is in a good position to become a great performer after a NO vote.
A yes vote will wipe out current shareholders.
Until the vote any purchase of SGH shares is a high risk gamble.
SGH Price at posting:
5.1¢ Sentiment: Sell Disclosure: Held
