Yep.......a "bull becomes a " bear" and a "bear becomes a "bull". Now the question to ask is on the balance of probabilities which scenario is more likely going forward. As you mentioned with the dearth of news the one thing that is certain is that SGH will not be going bust any time soon so the main risk has been taken off the table for holders. That leaves the earnings and cash flow, we can assume that the cash flow has improved to the extent that an agreement was able to be reached with the banking syndicate. In relation to the earnings there is now a very low bar to step over (Market Cap $130m) so I am pretty sure that this will take care of itself in due course.
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