denbo, you've got dosh = number shares x share price. That's yours and SGH haven't "got it". You can pick up your chips and take them to the cashier any time. You're deciding each day to keep taking the bet.
Needless to say, if you had known of the coming $958m loss and how much SGH management had misled in their financial guidance and commentary on Quindell and cashflow, and the ultimatum from lenders and front page news stories, you never would have touched this investment in the first place. You were misled and over-optimistic when you did.
I'm not sure how many shares you own now, but several hundred thousand dollars invested in this situation is a big bet, unless it is money you can afford to lose.
It's a truism of bad investments that many people lose the lot because they can't accept a moderate loss and want to stay at the table trying to get their original investment back.
Good luck.
SGH Price at posting:
34.5¢ Sentiment: Sell Disclosure: Not Held
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