Alex - although not always comfortable with your iconoclastic tone, I happily concede you have been accurate in your calls all along - unlike myself.
However many current holders have made the decision to stay in this leaky boat and wait for a grinding recovery. Are they deluded?
I don't think so - at a market cap of $88m the present risk reward ratio is very enticing. Odds are favouring a work-out and a subsequent growth in net equity.
My own cost price is now $1.02 and assuming a 2-3 year outlook I'm comfortable with that.
Nonetheless, the SGH misadventure is burnt into my brain - in a constructive way, I hope.
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