Well, it appears what I said on 17/7 has happened. To me this is a good scenario. I am not sure of the dilution process and what effect that will have on S&G (Aus). After reading the announcements there is still a lot of unanswered questions. However, the finances were better than I thought and I think everything has been factored into the current share price. We shall see.
I am still holding and have a big loss, but I will ride this out as no-one knows what the future of S&G (Aus) is. Hopefully, it will regain the price before the UK fiasco began, in time.
SGH Price at posting:
7.8¢ Sentiment: Hold Disclosure: Held
