Well if our boss is going to stay what do that say about SGH and our new lenders?
If true that must be a vote of confidence in AG.
There must be belief that he can pull this one through.
All the downrampers (ie shorters, competitors of SGH) have been out saying everything is bad.
But is it really?
- AG could be staying
- We are negotiating a new deal with new senior lenders aiming for a sustainable successful future for SGH
- restructuring and PIP almost completed. This coupled with a dramatic improvement in cash flow from 2016 H1 to 2017 H1 should lead to this cash flow to further improve
- positive barrister's opinion in relation to escrow worth a potential AUD 82mil
- endless opportunities in the UK and even perhaps in Europe later on.
I think it is way to early to draw the curtain on this one.
Every week seems to get better and better.
But that is my thinking![]()
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